AIM Summit’s Post

It surely is the place to be... no? If you haven't already noticed the amount of change, transformation and growth happening in the GCC region right now, you must be living under a rock!! Specifically Financial Services - well, its booming 💥 💥 **Example** - The Asset Management Division of a top banking group in the MENAT region, Emirates NBD, has recently established its first public fund, FundStar, based here in Dubai, [Dubai International Financial Centre]. Showing the commitment of the group to continually strengthen the UAE's vision of the count. FundStar (OEIC) PLC allows investors get involved in both traditional and Shari’ah-compliant investments. Offering a range of options from regional to global fixed income portfolios and stocks. As well as, providing access to top-tier asset managers through various multi-asset funds. #EmiratesNBD #Change #Growth #FinancialServices

🚀 Abu Dhabi Leads the World in Sovereign Wealth Fund Management! 🌍💰 As of October 2024, Abu Dhabi has officially topped global charts with an impressive $1.7 trillion in assets managed by its sovereign wealth funds, outpacing Oslo's $1.6 trillion. 1) $12.5 trillion: Total global sovereign wealth fund capital, with the top six cities managing two-thirds of this. 2) $36 billion: Amount invested globally by Abu Dhabi's Abu Dhabi Investment Authority (ADIA), Mubadala, and ADQ in just the first three quarters of 2024—making up 26% of total global sovereign wealth fund investments. Projections indicate Abu Dhabi's public capital could reach $3.4 trillion by 2030, up from the current estimate of $2.3 trillion. Main Megatrends in Capital Deployment: - Energy Transition: Investments targeting sustainable energy solutions and technologies. - Data Centers & Digital Infrastructure: Fostering advancements in tech and connectivity. - Transport & Mobility: Enhancing transportation networks and promoting innovative mobility solutions. With 3,107 skilled professionals working in its various sovereign wealth funds, Abu Dhabi is not just growing in financial strength but also in human capital. #AbuDhabi #SovereignWealthFunds #Investment #GlobalFinance #CapitalOfCapital #ADIA #Mubadala #ADQ #EMEA #InvestmentTrends #Megatrends Economy Middle East ADGM

💥 Abu Dhabi Crowned Global Capital of Sovereign Wealth 💥 🏙️ Abu Dhabi ranks #1 globally for sovereign wealth fund capital, managing a staggering $1.67 trillion in assets as of October 2024. 💼 The UAE capital hosts major funds like ADIA, Mubadala, and ADQ, employing over 3,100 professionals and solidifying its position as a hub for both capital and talent. 📈 Abu Dhabi's public capital, including assets managed by central banks and pension funds, is projected to grow from $2.3 trillion to $3.4 trillion by 2030. 🌍 Middle East and North Africa lead globally with nearly $5.3 trillion in SWF capital, followed by Asia ($4.2 trillion) and Europe ($2 trillion). #SovereignWealth #AbuDhabi #FinancialHub #GlobalInvestment #MiddleEastFinance , Victor Yaromin , Saleh ALhammad , Neeraj Malhotra , ADGM , Amit Datta , Bachir Binebine , #ADFD Abu Dhabi Investment Authority (ADIA), Mubadala , ADQ Sources 👉https://lnkd.in/dhUYzbdR 👉https://lnkd.in/dF_Mw5Fa 👉https://lnkd.in/dUvXTcEn

Abu Dhabi's impressive rise to $1.7 trillion in sovereign wealth fund assets underscores its status as a global financial powerhouse. With projections suggesting this could reach $3.4 trillion by 2030, the UAE is solidifying its influence and significance in the world economy.

Abu Dhabi emerged as the leading city that manages the most sovereign wealth fund capital globally at $1.7 trillion, as of October 2024, according to the latest report from Global SWF.

🏗️ Build and they will come! 🏦 My recent trip to the UAE was extremely productive, filled with valuable networking opportunities and inspiring conversations. It was enlightening to witness the remarkable progress both the UAE and Saudi Arabia are making in the financial services sector, paving the way for a promising future. The UAE government's significant investments in financial services, particularly in fund administration and asset manager registrations in Dubai and Abu Dhabi, are propelling the region towards becoming a global financial hub. A strategic move to continue weaning off the petro dollar 🛢️💵 Key Developments: - Abu Dhabi Global Market (ADGM) experienced a 35% increase in assets under management (AUM) in 2023, with 102 asset managers overseeing 141 funds. Notably, Lunate, a new alternative investment manager with over $50 billion in AUM, recently launched in ADGM. - Dubai International Financial Centre (DIFC) continues to flourish as a hub for hedge funds and alternative investment vehicles, bolstering Dubai's reputation as a prominent financial center. - ADGM witnessed a remarkable 211% surge in AUM from Q1 2023 to Q1 2024, reaching unprecedented levels. Notable Asset Managers: 1. Lunate: Manages $105 billion in AUM, focusing on various investment avenues. 2. Chimera Investment: Significant player in the UAE's financial landscape. 3. Blue Owl Capital: Collaborated with Lunate to invest in mid-sized asset managers. 4. Royal Group: Partnered with global firms to create multi-asset class investment managers. 5. ADNOC: Engaged in diversified investment activities, including stakes in infrastructure and energy sectors. Government Initiatives: - Regulatory Reforms: Progressive frameworks in DIFC and ADGM. - Tax Incentives: Attractive benefits, including tax exemptions. - Infrastructure and Support: Investments in top-notch infrastructure and streamlined setup processes. I’ll be closely monitoring developments in the region! #difc #adgm #financialservices #thecapitalofcapital #dubai #uae #abudhabi #vision2030

💰𝗔𝗯𝘂 𝗗𝗵𝗮𝗯𝗶 𝗖𝗿𝗼𝘄𝗻𝗲𝗱 𝗪𝗼𝗿𝗹𝗱'𝘀 𝗥𝗶𝗰𝗵𝗲𝘀𝘁 𝗖𝗶𝘁𝘆 𝗳𝗼𝗿 𝗦𝗼𝘃𝗲𝗿𝗲𝗶𝗴𝗻 𝗪𝗲𝗮𝗹𝘁𝗵 𝗙𝘂𝗻𝗱𝘀 With an impressive $1.7 trillion in assets, Abu Dhabi has topped the global ranking for cities with the largest sovereign wealth funds. Its leading investment institutions, including ADIA and Mubadala, are driving its position ahead of Oslo and other major financial hubs. This wealth concentration underscores the emirate’s growing influence on the global stage. ✨ 𝗔𝗯𝘂 𝗗𝗵𝗮𝗯𝗶—𝗧𝗵𝗲 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗼𝗳 𝗖𝗮𝗽𝗶𝘁𝗮𝗹! ✨ #AbuDhabi #realestate #realestateexpert #realestateinvestor #realestateinvesting #dubai #investment #InvestmentStrategy #wealth

The MEASA region is experiencing a rapid expansion in wealth, driving an increasing need for tailored fund management solutions. Explore the insights in our latest eBook, 𝗨𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝘁𝗵𝗲 𝗘𝗺𝗶𝗿𝗮𝘁𝗲𝘀: 𝗔 𝗙𝘂𝗻𝗱 𝗠𝗮𝗻𝗮𝗴𝗲𝗿’𝘀 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗨𝗔𝗘. 🔵 Get your free copy here: https://okt.to/QrXnzR With its prime location, advanced financial systems, and pro-business policies, the UAE has become a key hub for global funds looking to tap into regional markets. Impressively, the Dubai Financial Services Authority saw a 25% rise in licenses and registrations in 2022, alongside a 125% jump in hedge funds at the Dubai International Financial Centre. #MEASA #FundManagement #StructuredFinance #BusinessGrowth #DubaiFinancialServices | Bhaskar Dasgupta | Karl Salemangi | Christiane El Habre | Aman Bahel

The MEASA region is witnessing unprecedented growth in wealth, leading to a surge in demand for bespoke fund management services. 🚀 Discover more in our eBook, Unlocking the Emirates: A fund manager’s guide to the UAE. 🔵 Download your copy: https://okt.to/fXTZQc The UAE, with its strategic location, sophisticated financial infrastructure, and business-friendly environment, stands out as a prime base for global funds seeking regional exposure. Notably, the Dubai Financial Services Authority reported a remarkable 25% increase in licenses and registrations in 2022, with a 125% growth in hedge funds at the Dubai International Financial Centre. #MEASA #FundManagement #StructuredFinance #BusinessGrowth #DubaiFinancialServices Bhaskar Dasgupta | Christiane El Habre | Aman Bahel

The MEASA region is experiencing a rapid expansion in wealth, driving an increasing need for tailored fund management solutions. Explore the insights in our latest eBook, 𝗨𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝘁𝗵𝗲 𝗘𝗺𝗶𝗿𝗮𝘁𝗲𝘀: 𝗔 𝗙𝘂𝗻𝗱 𝗠𝗮𝗻𝗮𝗴𝗲𝗿’𝘀 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗨𝗔𝗘. 🔵 Get your free copy here: https://okt.to/fI0T3P With its prime location, advanced financial systems, and pro-business policies, the UAE has become a key hub for global funds looking to tap into regional markets. Impressively, the Dubai Financial Services Authority saw a 25% rise in licenses and registrations in 2022, alongside a 125% jump in hedge funds at the Dubai International Financial Centre. #MEASA #FundManagement #StructuredFinance #BusinessGrowth #DubaiFinancialServices | Bhaskar Dasgupta | Karl Salemangi | Christiane El Habre | Aman Bahel