08/11/23

No More Hedging Their Bets, UAE Is All In On Hedge Funds

The UAE has been home to a large amount of sovereign wealth for many decades. As part of its strategy to manage and grow this sovereign wealth, the UAE established some of the world’s most prominent sovereign wealth funds, and the country became a place where large Western fund managers would seek to source investment, flying in and out with limited on-the-ground presence. This has now changed.

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