Schroders opens new Middle East office in Dubai

DUBAI — Schroders yesterday announced that it has gained regulatory approval from the Dubai Financial Services Authority (DFSA) to open an office in the Dubai International Financial Centre (DIFC). The office will enable Schroders to broaden its distribution reach in the Middle East.

With a history dating back over 200 years and with $259.5 billion under management by March 2007, Schroders is one of the world’s leading independent asset managers. Schroders has been providing asset management solutions for clients in the Middle East for over 30 years.

The office will be headed by Patrick Grant and will initially be staffed by Stephane Battistella, William Wells and Andrew Robbens, who together have over 28 years experience working for Schroders. Through the Dubai office, Schroders will offer professional investors a board set of products and solutions. Alongside active management in core Equity and Fixed Income asset classes, Schroders offers innovative alternative investment products, including Hedge Fund of Funds, Property and Commodities.

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