BHM Capital Acquires a New SCA License in Fund Administration

Table of Contents

Related News

BHM Capital Commences Market Making and Brokerage Operations on The Muscat Stock Exchange (MSX)
Eurasian Development Bank Appoints BHM Capital as Lead Manager for a UAE Dirham-Denominated Bond Issuance to Be Listed on ADX
BHM Capital Becomes the First UAE Financial Institution to Join the Federation of Euro-Asian Stock Exchanges (FEAS)
BHM Capital has been appointed as the liquidity provider for Parkin’ shares on the Dubai Financial Market (DFM)

Dubai, September 21, 2022 – BHM Capital Financial Services, a regional leader in financial markets, has strengthened its market position by acquiring the Fund Administration License from the UAE Securities and Commodities Authority (SCA). The license allows the company to provide administration services to investment funds. The development is aligned with the company’s strategy after it has obtained Fund Management license back in June 2022.    

Abdel Hadi Al Sa’di, Chief Executive Officer, BHM Capital, said “We are pleased to have obtained the Fund Administration license. This is a solid reflection of the company’s vision and position as a leading provider of financial services in the region. Our goal is to be a “One-Stop-Shop” that offers top-quality and fully integrated financial services in the region. We handle the entire process of putting together a client’s investment portfolio and provide access to new investment opportunities”

Al Sa’di adds, “BHM Capital will continue to develop its capabilities to always provide fundamental advantages to its clients. Over the years, our clients have put huge trust in BHM’s abilities to play a significant role in their successful investment strategies, and having this license will complete the service integration by ensuring proper investment funds’ accounting, administration, and financial performance reporting.”