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Update: Man Group to Apply for License to Open Abu Dhabi Office

MT Newswires·12/08/2025 05:50:41
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05:50 AM EST, 12/08/2025 (MT Newswires) -- (Updates to add the company's response) Man Group (EMG.L) told MT Newswires on Monday that applying for a license to open an office in Abu Dhabi, United Arab Emirates, is a "natural progression" for the hedge fund in response to a media report about the move. Bloomberg News reported Dec. 5 that the London-listed group is preparing to apply for a license and establish a strategic hub in Abu Dhabi, set to launch in 2026. In an emailed statement, a spokesperson said the application highlights its "long-standing commitment to the Middle East."