Regulatory dominance
Citywire Middle East
Providing fund selectors and asset managers up-to-date analysis of the news that matters
Good morning.?Here's your weekly dose of what happened previous week in the regional asset and wealth management space.
This week we talk about how the Abu Dhabi Global Market (ADGM) cemented its position as one of the largest financial districts in the world by expanding the jurisdiction. The regulator also made some amendments for private credit funds, which is a welcome news for investors.
The market also witnessed some reshuffling, as some left and some joined. Asset managers in Saudi Arabia and the UAE unveiled new strategies and funds to capture the market share and assert their presence.
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