The MTA Speaks| Prayer times| Weather Update| Gold Price
Follow Us: Facebook Instagram YouTube twitter

Abu Dhabi's ADGM Lures $4.4 Trillion Worth of Asset Managers

Abu Dhabi's ADGM Lures $4.4 Trillion Worth of Asset Managers

Post by : Bianca Haleem

Abu Dhabi Global Market (ADGM) has further established its standing as a top-tier global financial center as eight significant international financial institutions, managing a total of US$4.4 trillion in assets, revealed intentions to operate from the emirate.

This significant announcement was made during ADGM's participation in the Milken Institute Global Conference 2026 held in Los Angeles. The delegation was headlined by Ahmed Jasim Al Zaabi, Chairman of ADGM.

Throughout the conference, ADGM representatives engaged with global policymakers, leading asset managers, and institutional investors to discuss Abu Dhabi’s increasing significance in international investment and cross-border financial collaborations.

Al Zaabi emphasized that ADGM's outreach in the United States aims to bolster its relationships with prominent global financial institutions and capital bearers.

He noted that there is a noticeable shift of global capital towards financial hubs that guarantee robust regulations, stability, and extensive global connectivity. ADGM strives to cultivate a reliable ecosystem backed by transparent regulations and modern governance, while also offering access to international prospects.

Al Zaabi highlighted ADGM's status as the fastest-expanding international financial center across the Middle East and North Africa, noting that the mounting interest from firms managing nearly $4.4 trillion in global assets signifies Abu Dhabi’s ascendance in global finance.

Al Zaabi also participated in a compelling discussion alongside Alan Schwartz, Executive Chairman of Guggenheim Partners, addressing global financial innovations, the economic evolution of Abu Dhabi, and the trajectory of international finance.

He remarked that the UAE's economic resilience stems from long-term planning and diverse strategies rather than mere short-term measures.

In March 2026, ADGM granted 284 new licenses—up from 270 during the same month last year, representing a 5.2 percent growth.

Major financial institutions like Muzinich & Co., Hillhouse Investment Management, Barings, and Bain Capital have recently announced plans to advance their operations into Abu Dhabi via ADGM.

Additionally, Hashed Global Management Limited and Rokos Capital Management have received the necessary financial services permissions from ADGM.

Capital Group and Man Group also signaled intentions to establish a base in Abu Dhabi.

During the Milken conference, ADGM facilitated over 50 consultations with influential financial entities including Blackstone, Carlyle Global Investment Management, Coinbase, and Guggenheim.

These discussions were centered on investment avenues, potential business expansion into Abu Dhabi, and ADGM’s regulatory framework based on international norms and English Common Law.

ADGM continues to support Abu Dhabi’s long-range economic vision by affirming its role as a trusted and interconnected global financial center.

May 13, 2026 4:26 p.m. 1880
Global News World News Business News Business & economy

More Trending News

Featured Stories

Oil Prices Rise on Middle East Supply Concerns
Oct. 8, 2026 4:26 p.m.
Oil prices rose as Middle East supply concerns continued, while falling US crude inventories supported prices
Read More
Nepal Suspends Search for Flood Missing
Oct. 8, 2026 4:21 p.m.
Nepal suspends flood searches after 1,455 bodies were recovered, with 5,285 people still reported missing
Read More
Gold Prices Recover From Two-Month Low
Oct. 8, 2026 4:10 p.m.
Gold prices recovered from a two-month low as investors assessed Federal Reserve rate policy and market conditions
Read More
Dollar Holds Near 18-Month High as Fed Signals Caution
Oct. 8, 2026 3:22 p.m.
The dollar stayed near an 18-month high as markets assessed Federal Reserve policy and inflation concerns
Read More
South Korea Records Second-Highest Current Account Surplus
Oct. 8, 2026 11:41 a.m.
South Korea posted a record-level current account surplus in August, supported by strong exports and semiconductor demand
Read More
European Stocks Fall as Oil Prices and Yields Rise
Oct. 7, 2026 5:04 p.m.
European stocks slipped as rising oil prices and bond yields put pressure on investor sentiment and major market sectors
Read More
Two Missiles Target Aden International Airport
Oct. 7, 2026 4:23 p.m.
Two missiles targeted Aden International Airport in Yemen, with no casualties reported as fighting intensifies between Houthi and government forces
Read More
17 Killed in Zamfara Mining Site and Village Attack
Oct. 7, 2026 3:15 p.m.
Seventeen people were killed after armed gangs attacked a mining site and village in Zamfara State, northwest Nigeria
Read More
Iran Offers Seven-Day Plan to Reopen Strait of Hormuz
Sept. 26, 2026 4:27 p.m.
Iran says Hormuz can reopen within 7 days if the US accepts its proposed plan for ending hostilities and restoring shipping
Read More
Sponsored