Asset Management

BlackRock, Amundi, Natixis see Middle East assets reach new highs

Fund managers are among the biggest winners as more financial services firms eye bumper growth across the region

The Dubai International Financial Centre has seen its number of asset and wealth managers grow to 440, an increase of more than 100 over the past two years
The Dubai International Financial Centre has seen its number of asset and wealth managers grow to 440, an increase of more than 100 over the past two years Photo: Bloomberg/Getty Images

BlackRock, Amundi and Natixis Investment Managers have seen assets under management in the Middle East swell to record levels, as interest in the region continues to grow among fund groups.

“We’re now at an all-time high for assets under management in the Middle East, across multiple affiliates,” Andrew Benton, head of northern Europe and Middle East and North Africa at Natixis Investment Managers, told Financial News.

WSJ Logo
110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink