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Business & Economics

Emirates NBD, BlackRock join forces on private markets access

GlobalData
Summary
Nutrition label

74% Informative

Emirates NBD has entered a memorandum of understanding (MoU) with BlackRock to launch a private markets access platform.

The initiative aims to offer the bank's wealth clients access to alternative investments, mainly in private markets.

The collaboration is expected to democratise’ the alternative assets domain, which is projected to grow to $ 30tn by the end of the decade .

VR Score

68

Informative language

65

Neutral language

18

Article tone

formal

Language

English

Language complexity

72

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links

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