Billionaire Howard Pitches Abu Dhabi as Global Financial Hub
- Brevan Howard opened an outpost in the city earlier this year
- Co-founder touts the city’s regulation and favorable taxation
Alan Howard
Photographer: Hollie Adams/BloombergThis article is for subscribers only.
Abu Dhabi could become a global financial center, according to billionaire Alan Howard who pitched the emerging hedge fund region as the best time zone to trade for macro money managers.
In a rare public appearance, the co-founder of Brevan Howard Asset Management counted the city’s robust regulation, rule of law and favorable taxation as a lure for financial firms moving to the capital of the United Arab Emirates.