Aditum Investment Management

The number of funds being launched from the DIFC continues to grow. We are delighted to making a contribution with the launch of two additional #DIFC domiciled funds under our Aditum Global Access ICC Ltd platform. The #Fundsmith Global Equity Fund IC Open Ended Plc launched on 31st October 2024 and the #Aditum Islamic Income and Growth Fund Open Ended IC Plc, an in-house managed #Islamic multi-asset fund, launched on 4th November 2024. This brings the total number of live #DIFC #domiciled funds, where we act as Fund Manager, to 8. This includes the four Signature CIO Feeder Funds, Aditum’s in-house managed Global Fixed Maturity Fund 2028 and the flagship DIFC domiciled fund, Four Quadrant Dynamic Allocation Fund OEIC Limited. We now manage ~US$175m in the DIFC, and have more than US$7.2bn of assets under management, as of 30th October 2024.

Aditum Investment Management Limited's Investment Team has welcomed two new members during the month. Vartan Tanielian MFin and Abhikant Pratyush Singh bring with them a wealth of knowledge and experience to complement an already proficient team.

Another exciting day at Aditum with Fundsmith LLP’s founder, Terry Smith, making his first appearance on Dubai Eye 103.8 #Business Breakfast, part of ARN, yesterday morning being interviewed by their Richard Dean. With the Fundsmith Global Equity Fund IC Open Ended PLC expected to go live before the end of September, giving UAE-based investors access to one of the industry’s most successful global equity strategies, Terry talked about his #investment approach which is core to the Fundsmith strategy: - Buy good companies  - Don’t overpay  - Do nothing  To watch Terry’s interview, it was also shown live on Dubai One, please click on the link below https://lnkd.in/giKU-VAM Contact us for more information on the Fundsmith Global Equity Fund IC Open Ended Plc. #Fundsmith #UAE #GlobalEquity #adituminvestmentmanagement Dave Marshall Peter Jackson Louisa Carnegy Rohan JoshiWill Rouget

It has been a fantastic start to the week for Aditum Investment Management Limited, teaming up with Terry Smith and Peter Jackson from Fundsmith LLP and introducing them to our local partners to talk about the upcoming launch of the new Fundsmith Global Equity Fund Open Ended IC PLC. We were even lucky enough to have the opportunity to meet with Salmaan Jaffery at the DIFC. We are looking forward to seeing what the rest of the week will bring.

Aditum Investment Management Limited Expands Fund Offerings We are pleased to announce the launch of three additional #funds under our DIFC domiciled #Aditum Global Access ICC Ltd platform. These funds are scheduled to go live this month. The Fundsmith Global Equity Fund IC Open Ended Plc, established in collaboration with Fundsmith LLP, will invest directly into Fundsmith’s flagship #globalequity strategy. With $25bn in #assets and a strong track record, the strategy, led by Terry Smith, invests in high-quality businesses with sustainable returns. In addition, we are launching two feeder funds available for #UAE clients into our global multi-asset #UCITS strategies. These are managed by our multi-asset investment team under the leadership of Manoj Mahadev and Omer Chowdhry: - HCM Moderate Fund Open-Ended IC Plc - HCM Adventurous Fund Open-Ended IC Plc These funds are in addition to an already successful year for Aditum as we have successfully launched: - Four funds in partnership with Standard Chartered Bank and Amundi in May. - The short-dated directly invested #fixedmaturity fund with Principal Global Investors acting as investment advisor in July. Aditum, with over $7bn in assets under management as of August 2024, remains committed to providing innovative #investmentsolutions and expanding our footprint by launching up to six additional funds before the end of 2024. For more information on our current fund offerings please DM us or contact your sales representative. #Aditum #Fundsmith #FundManagement Peter Jackson Dave Marshall Louisa Carnegy Rohan Joshi Will Rouget Jemma Stuart Beth Hobbs

We are pleased to announce the first monthly dividend payment of 0.585%, equating to 7.02% (AER), from the daily liquid DIFC based Global Fixed Maturity Fund 2028 Open Ended IC Plc.

Aditum’s Head of Investments, Manoj Mahadev, recently spoke with Dubai Eye 103.8 to discuss recent market data:   An interest-rate rise from the Bank of Japan followed by weaker-than expected economic data (US ISM manufacturing) sparked a market unwind. This soft data was interpreted as signs of recession by global markets. It was further exacerbated by the recently released US non-farm payroll data (we have previously highlighted the dissonance in the jobs data (Establishment survey versus Household survey)). Geopolitical tension over the weekend pushed stocks over the precipice.    Aditum key takeaways:    1. It is too early to tell if the US is treading the recession path, as the recent data points do not indicate this direction of travel. 2. The unwind of carry trades could take some time to settle, which means investors have the opportunity to enter the currently elevated equity markets. 3. We believe that the sell-off in AI related stocks offer attractive risk reward ratios over the next 18 months, and as such, believe it is time to start investing in the sector. 4. Our view is to stay long Japanese equity markets. With inflation picking up, wages rising and currency strengthening we anticipate that this will provide a tailwind. 5. We continue to advocate the stance that the FED will dial down rates by 75 bps for 2024 and another 75 bps for 2025. It is a great time to stay invested in the short or long end of the yield curve, with special emphasis on IG bonds. https://lnkd.in/dSEgMY9w

Aditum Investment Management Limited is excited to announce that its assets under management across all service lines has crossed $7bn.

Please see in the video below Omer Chowdhry, Aditum's Head of Global Fixed Income & Multi-Asset Strategies, discussing his view on possible Fed cuts, bonds and fixed income, live on Bloomberg TV. We would like to thank both Shruthi Rajendran and Joumanna Bercetche for organising the interview. https://lnkd.in/dZDa8wKZ

Aditum is excited to announce that Fundsmith, manager of the UKs largest actively managed equity fund launching is a UAE domiciled feeder fund with Aditum Investment Management Limited https://lnkd.in/dTef4zn5