Two London Hedge Fund Giants Said to Explore Abu Dhabi Outposts
- Marshall Wace, Capula said to consider expanding to Abu Dhabi
- Move would boster city’s status as an emerging financial hub
Their expansion to Abu Dhabi coincides with a broader shift in wealth to the capital of the United Arab Emirates.
Photographer: Christopher Pike/BloombergThis article is for subscribers only.
Two of London’s biggest hedge funds are considering plans to open offices in Abu Dhabi, bolstering the city’s status as an emerging hub for financial firms.
Marshall Wace and Capula Investment Management have held talks with Abu Dhabi authorities to potentially expand operations into the emirate, according to people with knowledge of the matter who asked not to be identified because the details are private.