Lord Abbett opens its 1st & only Middle East office at Dubai’s DIFC

  • Date: 18-Jul-2022
  • Source: GCC Business News
  • Sector:Financial Services
  • Country:UAE
  • Who else needs to know?

Lord Abbett opens its 1st & only Middle East office at Dubai’s DIFC

Dubai International Financial Centre (DIFC), the leading global financial center in the Middle East, Africa and South Asia (MEASA) region, has revealed that Lord Abbett (Middle East) Limited, a leading asset manager, has received approval from the Dubai Financial Services Authority (DFSA) to operate its first and only Middle East office.

The approval will enable Lord Abbett to bring its investment and client-led proposition to the Middle East investment community. Lord Abbett has more than 50 years of experience in multi-sector credit investment and an impressive depth of analytical credit research. The firm will use its DIFC presence to deliver relevant investment solutions and deepen relationships with regional asset owners.

Arif Amiri

CEO – DIFC “DIFC is home to more than 250 wealth and asset management firms, making us the largest and most important hub for the sector in the MEASA region. The opening of Lord Abbett’s first and only Middle East office at DIFC reflects our reputation and reaffirms the opportunity for asset management companies in the region. DIFC continues to strengthen its global position as one of the world’s leading financial centers by attracting firms like Lord Abbett who are bringing their legacy experience as well as commitment to help us