Abu Dhabi institutions set to participate in Europe’s largest Asset & Wealth conference
Abu Dhabi’s strength in the asset and wealth management sector was showcased at the Impower Fund Forum, with several prominent entities from the emirate in attendance. The event, held in Monte Carlo, Monaco, is recognized as Europe’s largest conference in the field, attracting industry leaders from around the world.
Participating in the event were key Abu Dhabi institutions such as the Abu Dhabi Department of Economic Development (ADDED), Abu Dhabi Investment Office (ADIO), Abu Dhabi IPO Fund (ADIPOF), Abu Dhabi Residents Office (ADRO), and Abu Dhabi Global Market (ADGM). Their presence at the forum highlights Abu Dhabi’s commitment to the asset and wealth management industry and its recognition as a significant player in the global landscape.
With over 500 asset and wealth managers, 400 fund buyers, and asset owners attending, the Impower Fund Forum provides a platform for networking, collaboration, and exploring new opportunities within the dynamic asset management sector.
Abu Dhabi’s strength in the sector is backed by its robust economy, with a GDP of approximately USD 300 billion in 2022. The emirate’s sovereign funds, including ADIA, ADQ, and Mubadala, have gained global recognition for their contributions to the industry. Additionally, Abu Dhabi’s favorable business environment, progressive regulatory framework, and access to diverse markets have fueled its growth as a thriving asset management hub.
ADGM, at the forefront of this strategic development, has played a crucial role in nurturing a vibrant ecosystem and driving sustainable growth in the UAE and the wider region. The progressive regulatory framework established by ADGM, coupled with its focus on collaboration and innovation, has made it an attractive destination for asset management firms and professionals seeking to capitalize on the region’s promising opportunities. Abu Dhabi’s growing reputation as the “capital of capital” further enhances ADGM’s position as a magnet for industry players.
Arvind Ramamurthy, Chief of Markets at ADGM, represented the institution at the Impower Fund Forum. His active participation in key panel sessions and presentations reaffirms ADGM’s dedication to shaping the future of the industry through collaboration, innovation, and sustainable growth.
Abu Dhabi’s strong presence at the Impower Fund Forum underscores its commitment to further establishing itself as a prominent player in the asset and wealth management space. Through its strategic partnerships, progressive regulatory environment, and emphasis on innovation, Abu Dhabi aims to continue attracting global investors and positioning itself as a leading hub for asset management in the region and beyond.
