First Abu Dhabi Bank Raises $200 Million in New Fixed Maturity Portfolio

First Abu Dhabi Bank (FAB) has raised close to $200 million in assets under management (AUM) through its latest Fixed Maturity Portfolio (FMP), launched on October 9. The new portfolio has set a record for subscription levels and includes the second series of FAB’s conventional FMP, along with the bank’s first-ever Shariah-compliant FMP.

FAB introduced these portfolios to address the diverse investment preferences of its clients, targeting professional investors. Both portfolios have a three-year duration. The FAB MENA Plus Fixed Maturity Portfolio Series 2 offers a net yield of 5.50%, while the FAB Sukuk MENA Plus Fixed Maturity Portfolio Series 1 yields 4.50% net. These funds have been designed to provide a high yield, with quarterly dividends available for reinvestment or payout.

The income generated from the portfolios comes from a well-diversified selection of bonds and sukuk, covering a range of regions and sectors. This strategy helps minimize volatility and risk, making the FMP an attractive option for investors seeking stability and returns, particularly in an environment where interest rates are declining.

FAB Asset Management highlighted the appeal of these portfolios for income-seeking investors who want to lock in favorable returns while managing risk. The fixed maturity portfolios are positioned to deliver consistent performance and are considered ideal for those looking to optimize returns in current market conditions.

With over two decades of experience in the region, FAB Asset Management is recognized as one of the largest MENA-focused investment managers. The firm has extensive expertise across various asset classes, catering to a broad and diverse client base. Its clientele includes sovereign wealth funds, pension funds, foundations, financial institutions, family offices, insurance companies, and individual investors.

The launch of these portfolios marks another milestone for FAB, following the successful rollout of its first FMP series in 2023. The strong demand for the second series and the introduction of the Shariah-compliant FMP reflect the growing appetite for fixed-income investments in the region. FAB’s ability to deliver tailored investment solutions underscores its leading role in the Middle East’s financial markets.

As FAB continues to expand its offerings, its latest FMP launch reaffirms its commitment to providing clients with innovative and high-performing investment opportunities. The bank’s success in raising nearly $200 million in AUM through the new portfolios further solidifies its reputation as a key player in the asset management industry.