Report: Hedge Fund Marshall Wace to Open Abu Dhabi Office

London’s $70B Marshall Wace is the latest firm to open an office in Abu Dhabi, according to a December 10 report from Bloomberg.

In a conversation with former UK Chancellor Sajid Javid at the UAE’s annual finance conference, Marshall Wace co-founder Paul Marshall explained that operating in the city was made easier by zero income tax and zero capital gains tax in comparison to cities like London.

Marshall Wace joins firms such as BlackRock, State Street and more recently Eldridge Industries, Polen Capital, and Lone Star Funds, in establishing offices in the Emirati capital, which provides access not only to vast sovereign wealth funds and UHNW clients but also serves as a gateway to emerging markets in the Asia Pacific region.

Written By: Dakota

Related Content

Report: Fir Tree to Return Credit Opportunity Fund Capital to Investors
February 10, 2025

Report: Alp Ercil to Shutter $3B Hedge Fund, Launch Family Office
February 07, 2025

Report: Lighthouse, Fortress Plan Multi-strategy Hedge Funds Merger
January 31, 2025

BRS Awards RE Search Winners, Invites Finalists in Hedge FoF Search
January 24, 2025

SWIB, UTIMCO-backed Dockside Raises $125.1M for Fund II
January 15, 2025

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Report: Hedge Fund Marshall Wace to Open Abu Dhabi Office

Subscribe

Related Content

The Database For Cold Outreach to Reach Institutional and RIA Investors

Address

Products & Services

Resources

Events

Company