Naftilia Asset Management Limited (Dubai)

Naftilia Asset Management Limited is an adviser based in Dubai. It manages $23 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2006.

Naftilia Asset Management Limited provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Naftilia Asset Management Limited: assets under management

The assets under management (AUM) of Naftilia Asset Management Limited is $23 million. The firm's AUM has grown by 130% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $15.7 million in discretionary accounts and $7.3 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.85 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $7.3 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Naftilia Asset Management Limited for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Naftilia Asset Management Limited

George Elliott has been acting as President since 1 Nov 2005. Nikhil Jhangiani joined the executive team most recently as the Director/Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
George Elliott	Director/cco/member	1 Nov 2005	75% - 100%	5107095
Nikhil Jhangiani	Director/member	1 Nov 2005	Other	5107098

Based in Dubai

The principal office where Naftilia Asset Management Limited performs its advisory services is located at Building 3, Green Community, Dubai, , which is also the mailing address of the firm. The firm also has an office outside of the United States.