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. The adviser charges an additional fee when a set benchmark is outperformed. 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.

You can reach the main office by calling the phone number 0097148019209 or by fax , 0097148019101. The normal business hours are 9:00 a.m. to 6:00 p.m. on Monday - Friday.