In our two weeks away from the newsletter schedule, we have posted a lot of ETF launches even though it’s supposed to be the quiet time of the year.

Commenting on energy price increases from the perspective of investing in the Gulf, Jubin Jose, manager of London-listed Gulf Investment Fund plc, writes that with the UK and much of Europe facing gas supply worries and surging energy prices as geo-political brinksmanship in Ukraine continues, which markets are set to benefit from this uneasy outlook? 
  

Despite the turmoil brought on by the Covid-19 pandemic, family-owned enterprises have managed to stay resilient. The world's largest 500 family businesses generated USD7.28 trillion in revenues, employing 24.1 million people across 45 jurisdictions. These and other findings were published today in the 2021 EY and University of St. Gallen Family Business Index which reveals how the largest family-owned businesses have responded to the recent turbulence in the global economy.

State Street Global Advisors has appointed Kathleen Gallagher as head of ETF model portfolios for EMEA and Asia Pacific.

Abu Dhabi Global Market (ADGM) has issued a public consultation paper inviting public feedback on its proposal to establish a legislative and regulatory framework for foundations within ADGM.

Steven Schoenfeld (pictured) is Founder and CIO of BlueStar, the USD100 million index provider firm behind the BlueStar TA-BIGITech Israel Technology ETF (ITEQ).  Joshua Kaplan is BlueStar’s Director of Reseach.

The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and the Egyptian Financial Supervisory Authority (EFSA) have signed a memorandum of understanding (MoU) to enhance regulatory cooperation and foster cross-border activities.

International investment firm AES International has become the first independent investment advisory business within the MENA region to be granted Corporate Chartered Financial Planner status by the UK Chartered Insurance Institute. 

SEDCO Capital is the first Saudi based asset management firm to be awarded a mandate to manage MENA and Saudi equities under a UCITS platform in a new partnership with Milltrust International.

Discretionary investment management company Quilter Cheviot, part of Old Mutual Wealth, with GBP17.8 billion under management, is opening a representative office in the Dubai International Financial Centre (DIFC) under the business name Quilter Cheviot Limited (DIFC Representative Office).