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Singaporean $100bn asset manager Hillhouse Investments opens ADGM office | Community

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Singaporean $100bn asset manager Hillhouse Investments opens ADGM office | Community

Hillhouse Investment Management, a global asset manager with $100 billion, has opened an office in ADGM, becoming one of the first companies to set up an office in the financial center of Abu Dhabi since the Iran war began about five weeks ago. The Singapore-headquartered company has received a Class 3C license from the Financial … Read more

The fastest growing banks in the world are in Africa, but the revenue of $100 billion tells only part of the story.

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The fastest growing banks in the world are in Africa, but the revenue of $100 billion tells only part of the story.

But under the headline image there is a more complex reality: strong growth, high profits, however much of the speed is uneven, concentrated, and partly destroyed by currency fluctuations. A new report by McKinsey & Company shows that the banking sector in Africa generated about $99 billion in 2024 and is estimated to reach about … Read more