Reported about 18 hours ago
A growing number of Asian hedge funds, including Hillhouse Investment Management and CPE, are exploring opportunities in Abu Dhabi, which has emerged as a significant financial hub alongside Dubai. These firms are motivated by favorable tax conditions, access to sovereign wealth funds, and strategic locations to reach nearby markets like India. Despite the burgeoning industry, challenges remain, including limited local investment opportunities and the need for infrastructure to support operations traditionally based in financial centers like London and New York.
Source: YAHOO