ABU DHABIUnited Arab Emirates, December 11, 2024 /PRNewswire/ — Abu Dhabi Finance Week (ADFW), the flagship event organized by ADGM, continued for a second day with the 2024 edition of Asset Abu Dhabi. The forum, organized with thematic partners ADCB, Mubadala and PGIM Global Asset Management, covered topics such as investing in the next technological decade, private equity and credit opportunities and investing in cities of the future.
Active Abu Dhabi brought together asset allocators and asset managers, investment bankers, venture capitalists, private equity firms, family offices and other institutional investors, who collectively manage more than $42.5 trillion in assets, to share their views and provide insight into some of the world’s largest hedge funds.
Ray Dalio – founder and CIO mentor at Bridgewater Associates – led an informative session on Principles of a Changing World Order which set the tone for the day’s discussions. His thought-provoking keynote address looked at some of the most turbulent economic and political times to reveal why the future will likely be different than recent history.
With Assets under management levels in the Aasset management industry reaching nearly $120 trillion in 2023 and multi-billion dollar managers holding approximately 61% of the industry’s total assets, the session on The billion-dollar asset manager’s view of the market provided insight into the market view from above with asset management experts Aleksandar Ivanovic – President of UBS Asset Management, David Hunt – President and CEO of PGIM and Bill Huffman – CEO of Nuveen.
Other prominent names in the financial investment industry, such as Robert Smith, Founder – Chairman and CEO of Vista Equity Partners and Aron Landy – CEO of Brevan Howard, also provided notable discussions and keynote speeches. Topics covered included an update on the hawk economy, how to spot and develop a world-class opportunity, a real estate overview, and a brief guide to that of Abu Dhabi the main sovereign wealth funds.
Commenting the importance of the event, HE Ahmed Jasim Al ZaabiChairman of ADGM and Abu Dhabi Department of Economic Development (ADDED) said: “Summon some of the the biggest names within wealth management sector, Active Abu Dhabi East an unrivaled platform for sharing information on and shape the future of this dynamic sector. Thanks to this platform, we are highlighting the next frontier of technology And investment opportunities and provide critical perspectives on regional and global economic prospects How’s it goingl transform the next decade of investments In an evolution world order. Active Abu Dhabi highlights ADGM’s unwavering commitment to driving growth of the Falcon economy“.
So far, 14 Memorandums of Understanding (MoUs) have been signed at ADFW. Among the major contracts signed today by ADGM are eminent names such as Istanbul Financial Center, Beijing Street Financial Services Bureau and Polygon. Another deal signed between Circle and Lulu Financial Holdings was also a highlight of the event. The Abu Dhabi Investment Office (ADIO) has signed MoUs with leading entities such as PGIM, EXIM Bank and MasterCard.
Alongside Asset Abu Dhabi, ADFW celebrated 40 years of bilateral relations between the UAE and China with the first special edition of the UAE-China Investment Forum in collaboration with HSBC. The event explored opportunities for mutual commerce and prosperity with very special guests such as Carl Ge – Partner at Hillhouse Investment, Dr. Nasser Saidi – Chairman of Nasser Saidi & Associates, Sean Ho – CIO at Triata, Chi-Man Kwan – Founder and CEO of Raffles Family Office and Casey Ge – Group Vice President and Chief Strategy Officer at Wind Information.
ADFW hosted several other special events on the second day, such as RESOLVE, the UBS Investor Forum, the International Family Office Congress and TRI (Turnaround Restructuring & Insolvency) Summit, the Spears Summit – Private Wealth Forum and the Future of Talent Summit.
The ADFW event series continues for two more days with flagship events such as Fintech Abu Dhabi and Abu Dhabi Sustainable Finance Forum (ADSFF), which will bring together the best in the industry on the international stage.
SOURCE ADGM
