# Capital Group secures FSRA licence in Abu Dhabi as it expands in the Middle East

- Link: https://www.thailand-business-news.com/pr-news/capital-group-secures-fsra-licence-in-abu-dhabi-as-it-expands-in-the-middle-east
- Published: 2026-10-07T16:45:00+07:00
- Author: PR Newswire

ABU DHABI, UAE, Oct. 7, 2026 /PRNewswire/ — Capital Group, one of the world’s largest
and most experienced active investment managers with US$3.6 trillion of assets under
management, announced today that it has secured a Financial Services Permission 
from the Financial Services Regulatory Authority (FSRA) of ADGM, the international
financial centre of Abu Dhabi, the Capital of the United Arab Emirates, enabling
the firm to operate as a regulated investment manager. The approval authorises Capital
Group to conduct trading, investment management and distribution activities within
ADGM.

The regulatory milestone marks the next phase of Capital Group’s long-term commitment
to the region, following its May 2026 announcement of plans to establish its first
Middle East office in Abu Dhabi. The firm has since relocated associates from North
America, Europe and Asia, bringing investment, operational and client-facing expertise
closer to clients and opportunities in the region. Its local presence is expected
to grow over time, in line with business and client needs.

**Benno Klingenberg-Timm, Head of Abu Dhabi Office** & **Head of Institutional for
Europe and Asia, Capital Group,** said: "Establishing a regulated presence in Abu
Dhabi brings us closer to our clients and to the investment opportunities across
the Middle East, a region where we have been active for many years. From day one,
we will have a meaningful presence, with on-the-ground investment, operational and
client-facing capabilities. Much like the opening of our Singapore office in 1989,
we’re bringing together the full breadth of Capital Group’s expertise in Abu Dhabi,
reflecting our confidence in the region’s long-term growth."

**H.E. Ahmed Jasim Al Zaabi, Chairman of ADGM**, said: "We are pleased to welcome
Capital Group, a global investment manager, as it establishes a presence in Abu 
Dhabi. Its decision reflects the strength of Abu Dhabi’s financial ecosystem and
ADGM’s growing position as a leading international financial centre for global institutions
seeking long-term opportunities across the region."

**Mike Gitlin, President and CEO of Capital Group, said: **"The Middle East is strategically
important to Capital Group and our clients. Securing our regulatory licence in Abu
Dhabi reflects our long-term commitment to the region and our conviction in its 
continued development as a leading international financial centre. We look forward
to deepening our relationships with clients and partners."

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