Newest
-
State Grid Bortala Power Supply Company: Achieving the Application of Feeder Automation
-
China Matters' Feature: Beidahuang: Green Development on Black Soil
-
Hong Kong Screen Legend Chow Yun Fat Hosts Charity Photography Exhibition "Hong Kong‧Morning" at Harbour City, Showcasing 30 Stunning City Photographs
-
GEEKOM's high-performance mini PCs will shine at CES2025
ABU DHABI,UAE,Dec. 11,2024 -- Abu Dhabi Finance Week (ADFW),the flagship eventhostedbyADGM,continuedinto a second day withthe 2024 edition ofAsset Abu Dhabi.The forum,organised with theme partners ADCB,Mubadala and PGIM Global Asset Management,discussed topics such as investing in the next decade of technology,opportunities in Private Equity & Credit and investing in cities of the future.
Asset Abu Dhabi gatheredasset allocators and asset managers,investment bankers,venture capitalists,private equities,family offices and other institutional investors,which collectively manageover USD 42.5trillioninassets,to sharetheir perspectivesand offerinsights intosome of the world's biggest hedge funds.
Ray Dalio–Founder & CIO Mentor at Bridgewater Associates– delivered an insightful session onthe Principles of a Changing World Orderthatset the tone for the discussions during the day.His thought-provoking keynote address delved intosomeof themost turbulent economic and political periods to reveal why the future islikely to be different tothosein recent history.
With AUMlevels in the asset management industry rising to almostUSD120 trillion in 2023 and multi-trillion-dollar managers holding around 61% of the total industry assets,the session on The Market View of Trillion Dollar Asset Managersprovided insights onthe market view from the topwithasset management experts Aleksandar Ivanovic– President ofUBSAsset Management,David Hunt– President and CEO ofPGIMand Bill Huffman– CEO at Nuveen.
Other prominent names in the financial investment space such asRobert Smith,Founder–Chairman &CEO at Vista Equity Partnersand Aron Landy–CEO at Brevan Howard,alsoprovided notable discussions and keynote speeches.Topics covered includedan update onthe falcon economy,how to spot andgrow a world-class opportunity,the big picture of real estateanda brief guide on Abu Dhabi's top sovereign funds.
Commenting on the event's prominence,H.E. Ahmed Jasim Al Zaabi,Chairman of ADGM and the Abu Dhabi Department of Economic Development (ADDED)said:"Convening some of the biggest nameswithin the asset management sector,Asset Abu Dhabi isan unparalleled platform to share insights on and shape the future of this dynamic sector. Through this platform,wearehighlightingthe next frontier of technologyand investment opportunities andprovidingcritical perspectives on regional and global economic prospectsthat will transform the next decade of investments in an evolvingworld order.Asset Abu Dhabi underscores ADGM's unwavering commitment to driving the growth of the Falcon Economy."
14 Memorandums of Understanding (MoU) have been signed atADFWso far. Some of the major ones signed by ADGM today included prominent names such asIstanbul Financial Centre,Beijing Financial Street Services Bureau andPolygon.Another agreement signed between Circle and Lulu Financial Holdingswas also a highlight at the event. Abu Dhabi Investment Office (ADIO) signed MoUs with leading entities such as PGIM,EXIM Bank and MasterCard.
In parallel to Asset Abu Dhabi,ADFW celebrated 40 years of bilateral relations between the UAE and China with the inaugural special edition of the UAE-China Investment Forumin collaboration with HSBC. The event exploredtheopportunities for mutual trade and prosperity with some very special guests such asCarl Ge –Partner at HillhouseInvestment,Dr. Nasser Saidi – President at Nasser Saidi & Associates,Sean Ho – CIO at Triata,Chi-Man Kwan – Founder & CEO at Raffles Family Office and CaseyGe – Group VP and Chief Strategy Officer at WInd Information.
ADFW hosted several other special events on day two such as RESOLVE,the UBS Investor Forum,the International Family Office Congress and T.R.I. (Turnaround Restructuring & Insolvency) Summit,Spears Summit – Private Wealth Forum and the Future of Talent Summit.
ADFW's event series continues for another two days with flagship events such as Fintech Abu Dhabi and Abu Dhabi Sustainable Finance Forum (ADSFF) that will bring together the industry's best to its international stage.