Assets under management have increased by 211% from Q1 2023 to Q1 2024,  107 asset and fund managers operating in ADGM, currently managing 137 funds. The number of operational entities grew by 30%, and the workforce experienced a significant increase at the end of Q1 2024 compared to the same period last year. ABU DHABI, UAE, May 20, 2024 /PRNewswire/ -- ADGM, the international financial centre (IFC) of the UAE's capital, continues its solid performance paving the way for another strong year as the fastest growing financial centre in the region, with a record-breaking start during the first quarter of 2024 marked by an increase of 211% in Assets Under Management (AUM) compared to the first quarter of the year 2023. The growth trajectory of ADGM in Assets Under Management, coupled with a significant increase during Q1 2024 in the number of operational entities, the size of workforce and other elements of the IFC ecosystem, underscore the concerted efforts and strategic initiatives undertaken to strengthen its standing as a leading international financial centre, and reaffirms Abu Dhabi's position as a global financial powerhouse and a destination of choice for regional and global entities. Commenting on ADGM's continued growth and strong performance, H.E. Ahmed Jasim Al Zaabi, Chairman of ADGM said, "Abu Dhabi once again affirms its position as the leading financial powerhouse ...