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Dube has established himself as one of the most destructive middle-order batters in the IPL, scoring 350 runs at a 170-plus strike rate
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Al Mal Capital launches the UAE Falcon Index
DUBAI — Al Mal Capital, the UAE investment company, yesterday introduced the Al Mal UAE Falcon Index (Following All Liquid COmpany Names), a unique benchmark designed to provide a real-time, liquid and tradable representation of performance of the UAE equity markets.
The Al Mal UAE Falcon Index, due to its characteristics as a tradable basket, will be used as a practical benchmark for investors in the UAE, as well as international investors from the GCC, Europe, Asia and North America.
In the near future, Al Mal Capital plans to launch the Al Mal UAE Falcon Fund (Fund of All Liquid COmpany Names), an Exchange Traded Fund (ETF) based on the UAE Falcon Index, proposed for listing on the Dubai Financial Market (DFM) and on international exchanges.
Al Mal Capital intends to follow the UAE Falcon Index with broader regional index coverage, making use of the same criteria and methodology, but tailored to the dynamics of each market, including a GCC Falcon Index and a MENA/Arab Falcon Index.
Al Mal Falcons, exchange traded funds based on the Falcon family of indices, will follow the launch of each new index.
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