The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.

First Abu Dhabi Bank
First Abu Dhabi Bank (FAB) has forged a strategic partnership with US-headquartered asset manager T Rowe Price.

As FAB’s investment partner, T Rowe Price will provide investment solutions across equity, fixed income, alternatives and multi-asset strategies, the organisations said in a statement.

“By working with a globally recognised asset manager that shares our strategic ambition and commitment to excellence, we are strengthening our differentiated investment capabilities across key client segments, while reinforcing FAB’s position as the UAE’s global bank and a trusted financial partner across the region,” Hana Al Rostamani, group CEO at the bank, said.

Rob Sharps, chair, CEO and president of T Rowe Price, said: “This collaboration reflects our commitment to growing and diversifying our business through innovative global partnerships.”

Vennre, Masar Makkah Fund
Vennre, a digital investment platform which "unlocks" private markets, is partnering with Saudi Arabia-based Masar Makkah Fund, a real estate initiative in the Kingdom.

Eligible users on the Vennre platform will gain access to the Masar Makkah Fund, an opportunity linked to the wider Masar destination in Makkah, a nationally significant urban transformation zone, Vennre said in a statement this week.

The partnership brings together regulated fund management capabilities, Masar’s role as a core national transformation zone, and Vennre’s distribution reach across the UK and Saudi Arabia. The fund will be available through the Vennre app, where eligible users can complete onboarding and review documentation through regulated workflows aligned with Saudi and UK regulatory requirements.

Schroders
Schroders has launched its latest active exchange-traded fund (ETF) in Europe: The Schroder Global Equity Custom Active UCITS ETF.

The ETF will list on the London Stock Exchange on 20 January. It aims to provide capital growth and income above its benchmark after fees over a three-to-five-year period by investing in global equities. The benchmark is the The Solactive ISS ESG Screened Paris Aligned Global Markets Index.