Canadian asset manager Fiera Capital has expanded its presence in the Middle East after opening an office in Abu Dhabi.
The new business, based in Abu Dhabi Global Market, will be led by vice president of institutional markets Paul Doyle and Xavier Zawisza who joins from a UAE-based investment bank.
The pair will be responsible for growing the firm’s established investor base in the region and leading its fundraising efforts.
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The move comes after Fiera Capital appointed three regional CEOs – in the US, Canada and EMEA – in order to overhaul its regional distribution strategy.
The opening of a Mena office has also been driven growing institutional investor interest in the region and its asset management industry.
“Leveraging the strong relationships we’ve forged with sovereign wealth funds, family offices, pension funds and major listed corporates in the region, we’re taking the next logical step in our expansion,” said Klaus Schuster, CEO for EMEA.