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3/4/25, 11:27 AM ADGM Sees 245% Growth In Assets Under Management In 2024 - UrduPoint

ADGM Sees 245% Growth In Assets

Under Management In 2024

Umer Jamshaid Published February 27, 2025 | 11:45 PM

ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 27th Feb, 2025) Abu

Dhabi Global Market (ADGM), the international financial centre of
the UAE capital, experienced unprecedented growth in 2024, with assets under

management (AUM) surging 245 percent.

The expansion to Al Reem Island was successfully completed, reinforcing Abu

Dhabi’s status as the ‘Capital of Capital.’

Ahmed Jasim Al Zaabi, Chairman of ADGM, said, “Abu Dhabi stands at the

forefront of global finance, exemplifying stability, ambition, and economic growth.

As the ‘Falcon Economy’ strengthens its position as a premier destination for

investment and innovation, ADGM plays a key role in supporting this growth.”

ADGM saw a 245 percent increase in AUM in 2024, compared to 35 percent in

2023, now hosting 134 asset and fund managers overseeing 166 funds. The

number of financial institutions rose to 275, with 79 newly licensed firms, including

BlackRock, Polen Capital, PGIM, Nuveen, General Atlantic, Lone Star Funds,

Investindustrial, Marshall Wace, AXA IM, Eiffel Investment ME, GQG Partners,

SS&C Financial Services and Morgan Stanley.

Following ADGM’s jurisdictional expansion to Al Reem Island in 2023, integration

was completed by the end of 2024, bringing in 1,100 businesses. ADGM

introduced incentives such as fee exemptions for non-financial and retail

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