Capital Group secures ADGM licence to expand Middle East operations

The National ·
United Arab Emirates

Capital Group, which manages $3.6 trillion in assets, has secured a licence from the Financial Services Regulatory Authority of Abu Dhabi's ADGM to operate as a regulated investment manager and expand operations across the region. The development comes after the company announced plans to set up its first Middle East office in Abu Dhabi in May, with Capital Group relocating associates from North…

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