Daman Investments and Allianz Global Investors Sign MoU to Introduce Target-Driven Investment Options to the Daman Investments End-of-Service Program

Dubai, UAE, Daman Investments (PSC), a leading asset manager in the UAE, has signed an MoU with Allianz Global Investors (“AllianzGI”), one of the world’s leading active asset managers, to collaborate on offering risk-based investment options as part of the MOHRE-approved Daman Investments End-of-Service Program.

This initiative will expand the existing program, which currently provides a capital-protected savings solution for end-of-service benefits, by introducing additional investment options designed to give employees greater choice in how their savings are managed.