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PGIM advances Middle East expansion with operating licence and senior hire

PGIM, a global asset manager with US$1.33 trillion in AUM, is progressing its expansion in the Middle East with a new operating licence and a senior appointment. The firm said in an announcement on Thursday that it has received the Financial Services Permission (FSP) to operate in Abu Dhabi’s international financial centre, Abu Dhabi Global Market (ADGM), and has opened…

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