The launch is part of a broader strategy that will see NAM?s Middle East office use its strengths
and expertise in the local market to promote and market international products and funds to
sovereign wealth funds, pensions and other institutional investors while also managing its client
relationships on a more hands-on basis and extending its services to new markets.
Tarek Fadlallah has been appointed as CEO of Nomura Asset Management Middle East in
Dubai. Tarek has over 25 years of experience in the financial sector including the past 16 years
in the Gulf. He holds a degree in economics from the London School of Economics and is a
Chartered Financial Analyst.
Tarek Fadlallah, CEO of Nomura Asset Management Middle East, says:
“Our decision to open a Nomura Asset Management office in the region reflects our ongoing
commitment to the Middle East. We are looking to reinforce our activities and offer investors
improved access to our world class products. The development of the NAM Middle East
business is a key step towards achieving this goal.”
The Japan-based global asset manager has been managing sovereign wealth fund assets for
over 25 years and is considered to be among the largest managers of assets in the region.
Globally, it has $291 billion of assets under management (March 2014). NAM products include
Japanese Equities, Global Emerging Market equities, Asia Pacific equities, Research Associates
Fundamental Index© strategies and Fixed Income.
The firm also manages GCC stocks through its Arabian fund which was first distributed to
Japanese retail investors in 2007 as well as its Frontier and Emerging Market funds, and
maintains a positive long term view on the region.
NAM Middle East is a branch of NAM UK, is located within the Dubai International Financial
Centre (DIFC) and regulated by the Dubai Financial Services Authority (DFSA).
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