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The Middle East is continuing to court big names in the hedge fund world

Hedge Funds

Hedge Funds Correspondent

Abu Dhabi’s financial centre is in talks with more than 30 hedge funds to help them set up in the Middle East.

“We are increasingly seeing more hedge funds setting up or exploring setting up a presence in Abu Dhabi Global Market,” Arvind Ramamurthy, chief of market development told 

. “The pipeline of potential new hedge funds that Abu Dhabi Global Market has been engaging with is more than 30.”

Abu Dhabi in talks to attract 30 global hedge funds

Bilal Jafar

Abu Dhabi

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Finance

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Former Goldman Sachs executive Amar Kuchinad joins crypto firm Copper as CEO 

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Former Goldman Sachs MD Amar Kuchinad joins crypto firm Copper as CEO

Dmitry Tokarev has stepped back from his role as chief executive after seven years

Kirkland loses regulatory partner to Paul Weiss 

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Kirkland has been raided by Paul Weiss since it kicked off its English law offering last summer

BNP Paribas dealmaker McNaught departs in UK advisory shake-up

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The French bank has added a further two managing directors amid reshuffle in UK deals team

The regulator’s former enforcement director becomes a partner at Milbank after three years pushing fines higher at the SEC.

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Inflation in the U.K. fell below the Bank of England’s 2% target in September for the first time in more than three years, making an interest-rate cut next month more likely.

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The regulator said it is concerned that the part of the market that allows people to pay for insurance in installments might not be providing fair value to more than 20 million customers.

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Fate of Lina Khan’s Bid to Reshape Antitrust Comes Down to Election

Chinese stocks have gone from ice-cold to red-hot in a matter of weeks, but it might be driven by momentum rather than enough stimulus to solve China’s economic woes.

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