Monday, May 27, 2024

US multi-strats spearhead Dubai hedge fund moves

Photo: diana.grytsku


Dubai International Financial Centre says 60 hedge funds have set up or are in process of establishing bases in the emirate, as more firms plan a Middle-East hub.

The leading US multi-strat managers have led the charge, with five of the seven $10bn-plus firms on AFI’s Power List having a base in Dubai.

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