https://images.fnlondon.com/im-25511085?size=1.5

Barings plans Abu Dhabi office in Middle East push

Asset Management Correspondent

https://images.fnlondon.com/im-25511085?width=1280&size=1.499

Barings, the US-headquartered asset manager, plans to bolster its presence in the Middle East with a new office in Abu Dhabi, the latest financial services group looking to expand in the fast-growing market.

The $421bn fund group owned by US life insurer MassMutual is preparing to bolster its presence in the region almost a year after it unveiled an office in Dubai.

Move comes after the US-headquartered asset manager unveiled an office in Dubai last year

David Ricketts

Investing

Middle East

Coming soon: Black leaders in finance tell their stories

A&O Shearman boss Hervé Ekué confirmed as guest speaker for FN networking event

Meet the leaders shaping the booming private equity secondaries sector

Lazard appoints former Schroders CEO Peter Harrison to board

https://images.fnlondon.com/im-75638561?size=1.5

Boardroom role is the latest post for Harrison since he left the FTSE 100-listed asset manager last year

Abrdn taps Siobhan Boylan from Coutts for group CFO role

https://images.fnlondon.com/im-91243731?size=1.5

Boylan will join the UK-listed asset manager in September

BlueCrest Capital’s Grant Oliver joins fintech firm Celoxica

https://images.fnlondon.com/im-30220085?size=1.5

Oliver will be based in Celoxica’s London office

Saudi Arabia’s national oil company said it anticipates lower shareholder returns this year after 2024 net profit fell to $106.2 billion from $121.3 billion in 2023.

Aramco Expects Lower 2025 Dividend After Net Income Fall

Billionaire Giancarlo Devasini of Tether wants to maintain the stablecoin’s freedoms; his rival, Jeremy Allaire of Circle, is working hard to rein in his competitor with regulations.

The Kill-or-Be-Killed Fight for Crypto’s Future

Nicholas Maounis, of the failed Amaranth, has regained investor trust at Verition.

His Hedge Fund Imploded in Spectacular Fashion. His New One Has $12 Billion.

Wall Street expects to sell more than $335 billion in asset-backed debt this year. Remember that conference in ‘The Big Short’? It just drew a record 10,000.

By Matt Wirz and Justin Baer | Photographs by Mikayla Whitmore for WSJ 

They Crashed the Economy in 2008. Now They’re Back and Bigger Than Ever.

The asset manager has dropped out of climate groups and eliminated diversity targets as it tries to put ESG controversy behind it.

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

https://www.wsj.com/?type=allesseh_content_full_list

https://www.fnlondon.com/client

MY ACCOUNT

ABOUT

SECTIONS

unbolded

Financial News

Aramco Expects Lower 2025 Dividend After Net Income Fall

The Kill-or-Be-Killed Fight for Crypto’s Future

His Hedge Fund Imploded in Spectacular Fashion. His New One Has $12 Billion.

They Crashed the Economy in 2008. Now They’re Back and Bigger Than Ever.

BlackRock’s ‘Woke’ Era Is Over