Capital Group, one of the world’s largest and leading active investment managers, has announced plans to establish its first office in the Middle East, in the UAE’s Abu Dhabi Global Market (ADGM).
UK-based Rokos Capital Management (RCM) has opened a new office in Abu Dhabi after receiving the go-ahead from the Financial Services Regulatory Authority (FSRA). The RCM office is located in the Sky Tower within the jurisdiction of the Abu Dhabi Global Market (ADGM).
The UAE continues to strengthen its position as one of the world’s leading centres in the financial technology (FinTech) sector led by its two main hubs - Dubai International Financial Centre (DIFC) and Abu Dhabi Global Market (ADGM) - and its market is poised to hit $5.71 billion by 2029, said a report.
