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Annual Conference Marks Blockbuster 2016 for Abu Dhabi Financial Group

Abu Dhabi Financial Group (' ADFG' or 'The Group') held its yearly conference to mark a phenomenal 2016 with the company delivering outstanding performance across the breadth of its operations.

Addressing a jam-packed audience, Ceo Jassim Alseddiqi highlighted just how the Group surpassed several criteria across different property classes throughout 2016, preserving an Interior Rate of Return (IRR) of 27 per cent and going beyond US$ 5 billion in Assets under Administration (AUM).

Commenting on the successful conference, Jassim Alseddiqi said: "ADFG had a blockbuster year in 2016. Our proceeded success is down to our unwavering focus, scientific approach and passion for making the impossible possible with the goal of confiscating the very best possibilities and supplying value for our shareholders time after time."

With a clear concentrate on unlocking value from strategic chances, ADFG effectively increased its investments via the year at attractive returns by filling a space left by conventional resources of funding. Furthermore, the Group made use of the weak money in the UK. ADFG discussed eye-catching investment terms to ensure much better productivity and capitalised on cost dislocations in the equity markets to spend at appealing appraisals. The method has brought about financial and operational improvements across the ADFG platform.

In 2016, ADFG acquired a 48.36 percent controlling stake in SHUAA Funding, and released the region's initial activist equities fund, Goldilocks, which has provided a 397 percent return given that its inception.

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