An insight into Standard Life Aberdeen’s young Abu Dhabi office
By Mark Battersby, 7 Mar 18
One of the youngest international offices in the merged Standard Life Aberdeen Group was set up by Aberdeen Asset Management in late 2016, before two businesses combined.
How has it been going in terms of the business getting established and up and running in the ADGM?
Before its merger and back to November 2016, Aberdeen Standard Investments set up an office in Abu Dhabi, in the only geographical region where the company was not physically present yet and where business opportunities within the asset management industry were growing.
The integration of the team and the business activities are going very well since. The “on the ground” business development team composed of 4 members and supported by senior top asset managers in London reached its primary business objectives within the first 12 months, not only in the UAE but also a bit further afield in the wider GCC.
Abu Dhabi’s office is seen as the booming star and is positioned by the Group as one of the top promising market for the 10 upcoming years.
So, this is a very challenging and stimulating time for us here.