A growing number of hedge funds setting up shop in both Dubai and Abu Dhabi, marking a shift from hedge funds’ previous focus on just one emirate, has caught the attention of Bloomberg. Case in point: US investment firm Hudson Bay Capital Management is expanding its operations from Dubai by opening an Abu Dhabi office and Brevan Howard Asset Management has a presence in both emirates, as firms are lured by easier capital requirements in Dubai, lifestyle support and deep pools of capital in Abu Dhabi, as well as the UAE’s tax perks and regulatory momentum.

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