Investment management firm Barings has announced the opening of its new office in Abu Dhabi.
This strategic expansion underscores Barings’ commitment to the Middle East, reflecting its confidence in the region’s long-term growth potential and its investment opportunities.
Mike Freno, Chairman and CEO of Barings, stated, “The launch of our Abu Dhabi office highlights Barings’ dedication to the Middle East and our belief in the region’s growth trajectory.
Our local presence enables us to better serve our clients and collaborate with them as partners to capitalize on opportunities in the global credit markets.”
Walid Zamel, Managing Director and Head of the Middle East Global Client Group at Barings, remarked, “This expansion marks a significant milestone in our strategy to strengthen our presence in the region and reiterates our commitment to our trusted partners. Abu Dhabi is a major financial hub and a cornerstone of Barings’ strategy in the Middle East.”
Aravind Ramamoorthy, Head of Market Development at Abu Dhabi Global Market (ADGM), expressed, “We are delighted to welcome Barings to the ADGM ecosystem. Their decision reflects the ongoing interest of leading global firms in establishing Abu Dhabi as a center for regional and international growth.
With a robust regulatory framework and strong ties to regional capital, ADGM continues to support asset and wealth managers as they expand their presence and seize opportunities both regionally and globally.”