Company: BNY Mellon
More sales staff than money managers for Middle Eastern fund rush
Reason dictates there should be a rush of asset management hiring in the GCC – local fund managers have posted stellar revenues, and international firms are setting up in the region. But while sales and marketing roles are in demand, firms are holding off taking on portfolio managers. Global investors’ ample appetite for GCC assets [...]
Dubai’s flurry of fund managers
As international asset management firms flock to the Middle East, fund managers with local experience are becoming a prized commodity. Thames River Capital, a UK based hedge fund and traditional asset manager, is the latest firm to expand into the Middle East. It follows the likes of Pictet Asset Management, Schroder Investment Management, BNY Mellon [...]
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