Capital Group Obtains License from Abu Dhabi’s FSRA to Expand Business in the Middle East
PR Newswire
55m ago
Ai Focus
Capital Group indicates that the company has obtained a financial services license issued by the ADGM Financial Services Regulatory Authority of Abu Dhabi International Financial Centre (FSRA), allowing it to operate as a regulated investment management institution. The company stated that this marks the next phase of its long-term investment in the Middle East and that it will continue to expand its local presence in Abu Dhabi.
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Abu Dhabi, United Arab Emirates, October 7, 2026 / PRNewswire / -- Capital Group Today, we announce that the company has obtained a financial services license from the Financial Services Regulatory Authority of Abu Dhabi International Financial Centre ( FSRA ), allowing us to operate as a regulated investment management institution. Capital Group is one of the largest and most experienced active investment management companies in the world, managing assets worth $3.6 trillion. This approval authorizes Capital Group to carry out trading, investment management, and distribution activities within ADGM.

This regulatory milestone marks the next phase of Capital Group's long-term commitment to the region. Previously, in May 2026, the company announced plans to establish its first Middle East office in Abu Dhabi. Since then, the company has deployed employees from North America, Europe, and Asia to bring investment, operations, and customer-oriented expertise closer to the region's customers and opportunities. The company stated that its local presence is expected to gradually expand as business and customer needs evolve.

Capital Group The head of the Abu Dhabi office and also responsible for business in Europe and Asia, Benno Klingenberg - Timm stated: "Establishing a regulated business in Abu Dhabi brings us closer to our clients as well as to investment opportunities across the Middle East. We have been operating in this region for many years. From day one, we will have a meaningful local presence, with the capability to invest on-site, operate, and serve our clients. Just as we opened an office in Singapore in 1989, we are now bringing together all the professional capabilities of Capital Group in Abu Dhabi, which reflects our confidence in the long-term growth of this region."

ADGM Chairman H.E. Ahmed Jasim Al Zaabi stated: "We are delighted to welcome the global investment management firm Capital Group to establish its business in Abu Dhabi. Their decision reflects the strength of Abu Dhabi's financial ecosystem, as well as ADGM's growing status as a leading international financial center serving global institutions seeking long-term opportunities in the region."

Capital Group, President and CEO, stated: "The Middle East is of strategic importance to Capital Group and our customers. Obtaining a regulatory license in Abu Dhabi reflects our long-term commitment to this region and our confidence in its continued development into a leading international financial center. We look forward to further deepening our relationships with customers and partners."

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