ASB Capital, a purpose-driven asset and wealth management firm with $5.2 billion in assets under management, has launched ASB MENA Equity Fund in collaboration with Amwal Capital Partners Limited, aiming to deliver long-term capital growth through a concentrated portfolio of publicly listed equities across MENA markets.
The actively managed, long-biased fund is designed to outperform the S&P Pan Arab Composite Shariah Equities Index. It applies a blend of macroeconomic insight, bottom-up fundamental analysis, and local due diligence to identify high-conviction investment opportunities. The portfolio is diversified across sectors such as financials, industrials, consumer goods, and healthcare.
Hichem Djouhri Senior Executive Officer – ASB Capital
“The Fund reflects ASB Capital’s aspiration to offer disciplined, high-conviction strategies focused on long-term value creation. With MENA equity markets valued at over $3.5 trillion and continuing to attract global capital, we are building an investment ecosystem that connects institutional and private investors to fundamentally strong opportunities, anchored in governance, transparency, and sustainable growth.”
The ASB MENA Equity Fund is co-managed by ASB Capital and Amwal Capital Partners, leveraging their regional market knowledge and active investment experience. The fund targets alpha through a selective process involving valuation screening, intrinsic value analysis, and long-term holding strategies.
Fadi Arbid, Chief Investment Officer, Amwal Capital Partners, commented that, “Amwal Capital Partners is proud to be the investment advisor of the ASB MENA Equity Fund that empowers investors to participate in the long-term growth of the region’s most dynamic companies. With MENA equity fund inflows rising over 40 percent in the past year, we have seen investor demand for localized, actively managed strategies to be at an all-time high. Amwal Capital Partners has consistently outperformed the regional markets and delivered alpha across various market and macro-economic cycles. This Fund delivers on that need through deep regional expertise and disciplined execution aimed at unlocking sustained value”
The Shari’a-compliant fund is open to both institutional and individual investors, offering diversified exposure to one of the MENA region’s most promising equity growth markets.
