Brevan Howard founder Alan Howard has confirmed that the hedge fund now manages more capital and employs more traders in Abu Dhabi Global Market (ADGM) than anywhere else globally, according to a report by Gulf News.

Speaking at Abu Dhabi Finance Week 2025, Howard attributed the shift to ADGM’s robust regulation, pro-business environment, and strategic time zone for global macro trading.

Since launching operations in Abu Dhabi just over three years ago, the firm has expanded from 15 staff to 150, with a corresponding increase in assets under management. A recent partnership with regional asset manager Lunate adds committed LP capital and joint product development for the region.

Howard reiterated his belief that Abu Dhabi is emerging as a major global financial hub, potentially ranking alongside New York and London, with the ADGM ecosystem supporting both traditional macro and digital asset strategies.