UAE and Canada eye $3tn wealth fund opportunities

 


Along with Canada, the UAE is looking into investment options for wealth funds with a combined $3 trillion in assets.

Combined economic growth and collaborative investment opportunities for the two countries could result from a joint operation.

The inauguration of the Canada-UAE Sovereign Wealth Fund Council was welcomed by the Canadian Ambassador to the UAE, Kris Panday (SWFC).

UAE-Canada wealth management
The SWFC’s goal, according to the Ambassador, is to maximize the synergies between the leading institutional investors in Canada and the UAE in order to provide superior risk-adjusted returns in support of shared objectives.

He added that the SWFC will assist in locating opportunities for strategic capital partnership and thought leadership between Canadian public pension funds (PPFs) and SWFs in the UAE in international markets.


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