Barings Investment Management opens an office in Abu Dhabi

Barings, one of the largest global investment management companies, announced the opening of its new office in Abu Dhabi. The company stated, in a statement, that this strategic expansion confirms its commitment to the Middle East region, its confidence in the region’s long-term growth prospects, and its flexibility and investment opportunities. The opening of the Abu Dhabi office follows the successful launch of the Barings office in Dubai in 2024, and reflects the company’s ambition to strengthen its relationships with institutional investors, sovereign wealth funds, and family offices in various countries. Throughout the Gulf region.

Barings Chairman and CEO, Mike Freneau, said: “The opening of our office in Abu Dhabi confirms Barings’ commitment to the Middle East and our belief in the growth path in the region. “The local presence allows us to better serve our clients, and work with them as partners to seize opportunities across global credit markets.”

For his part, Walid Zamel, managing director and head of the Middle East region in the global client group at Barings, said: “This expansion represents an important step in our strategy to build a strong presence in the region, and renews our commitment to our trusted partners. Abu Dhabi is a major financial center and a fundamental pillar of Barings’ strategy for the Middle East. Opening a local office allows us to enhance communication with our clients and provide investment solutions specifically designed to meet their changing needs.”

In the same context, Arvind Ramamurthy, Head of Market Development Affairs at Abu Dhabi Global (ADGM), said: “We are pleased to welcome Barings to the Abu Dhabi Global system, and their decision reflects the continued interest of major international companies in choosing Abu Dhabi as a center for regional and international growth.”

It is noteworthy that “Barings” is a global asset management company, with a value of more than $481 billion in managed assets, and it works in partnership with institutional clients, insurance companies and brokers.