London-based hedge fund Man Group reportedly plans to seek a licence to open an office in Abu Dhabi, joining the rush of global asset managers expanding into the Middle East. The company, which oversees $214 billion in assets, intends to set up a regional hub in the UAE capital next year, Bloomberg reported. The hedge […]London-based hedge fund Man Group reportedly plans to seek a licence to open an office in Abu Dhabi, joining the rush of global asset managers expanding into the Middle East. The company, which oversees $214 billion in assets, intends to set up a regional hub in the UAE capital next year, Bloomberg reported. The hedge […]
UK’s Man Group seeks to re-enter UAE
London-based hedge fund Man Group reportedly plans to seek a licence to open an office in Abu Dhabi, joining the rush of global asset managers expanding into the Middle East.
The company, which oversees $214 billion in assets, intends to set up a regional hub in the UAE capital next year, Bloomberg reported.
The hedge fund ran its regional operations from the Dubai International Financial Centre between 2005 and 2016, but that office was closed along with a number of other international branches for strategic reasons, the report said.
“Abu Dhabi has established itself as a dynamic and important global financial centre with a strong focus on innovation and AI, which aligns well with our business,” a company spokesperson said.
Man Group’s planned operations will include distribution, investment, trading and execution, the report said.
In September Abu Dhabi Global Market, a financial free zone in the UAE capital, said it recorded its best half-year performance since its inception 10 years earlier. It granted 1,869 new licences, a 47 percent year-on-year increase, bringing the number of active licences to 11,128.
Further reading:
- AI is a friend, not foe, for Gulf asset managers
- Saudi Arabia demands more from global asset managers
- Global hedge funds expand presence in Dubai and Abu Dhabi
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
SOL Faces Pressure, DOT Climbs 2.3%, While BullZilla Presale Rockets Past $460K as the Top New Crypto to Join Now
What if the next meme coin wasn’t just about culture but also structure? It’s the question many investors ask as meme coin volatility rises. Communities demand more than hype, and the search for the Top New cryptos to join now is heating up. In the past 24 hours, Solana fell 0.75% to $236.52 while Polkadot […] Continue Reading: SOL Faces Pressure, DOT Climbs 2.3%, While BullZilla Presale Rockets Past $460K as the Top New Crypto to Join Now
Share
Coinstats2025/09/18 05:15
Missed Bitcoin’s ICO? BullZilla’s Explosive Stage 13 Surge Is Your Second Shot
The post Missed Bitcoin’s ICO? BullZilla’s Explosive Stage 13 Surge Is Your Second Shot appeared on BitcoinEthereumNews.com. Crypto Projects Bitcoin early believers made millions, and BullZilla Stage 13 is giving a new chance for those hunting the best crypto presales to buy with explosive ROI potential. Do cryptocurrency opportunities really come twice, or does lightning only strike once for those hunting the best crypto presales to buy? The world still talks about Bitcoin’s earliest days when the price hovered near pennies, and only a small circle of curious technophiles understood what was coming. Those early believers stacked thousands of coins when the market barely noticed them. Today, that tiny window sits in history as proof that early entries can build life-changing gains. Bitcoin’s rise from cents to tens of thousands of dollars remains the most prominent example of missed fortunes in the digital asset world. The story now moves into a new chapter as BullZilla climbs through its presale with a setup that feels familiar to anyone who watched Bitcoin explode long after ignoring it at the bottom. With the presale live, BullZilla brings a structure that pulls in traders searching for the best crypto presales to buy while regret-filled communities ask whether this could be their redemption moment. Stage 13 Zilla Sideways Smash shows the project heating up and attracting attention from those who once wished for a second chance at early prices before the next massive wave takes off. BullZilla Presale at a glance Stage: Stage 13 (Zilla Sideways Smash) Phase: 3 Current Price: $0.00033905 Presale Tally: Over $1M+ Raised Token Holders: Over 3700 Tokens Sold: Over 32 B Current ROI: ($1,454.75% ) from Stage 13C to the Listing Price of $0.00527 ROI until Stage 13C for the Earliest Joiners: $5,796.52% $1000 Investment =2.949 million $BZIL Tokens Upcoming Price Surge = 1.96% increase in 13D from 0.00033905 to 0.00034572 Join the BullZilla presale now while…
Share
BitcoinEthereumNews2025/12/10 07:15
Wormhole breekt door $0,10 en stijgt meer dan 30%
Wormhole (W) knalt vandaag door een belangrijk technisch niveau en laat een forse stijging zien. Na maanden van handel onder de grens van $0,10 is de coin er nu overtuigend doorheen gebroken. Met een koers van $0,116 en een handels volume van $404,49 miljoen in de afgelopen 24 uur, noteert... Het bericht Wormhole breekt door $0,10 en stijgt meer dan 30% verscheen het eerst op Blockchain Stories.
Share
Coinstats2025/09/18 20:33