Punjab, April 29 -- ABU DHABI, UAE, April 29, 2026 /PRNewswire/ - GROW Investment Group (GIG), a leading Chinese global asset manager with approximately $1.5 billion in global assets under management, today announced it has received In-Principle Approval (IPA) from ADGM's Financial Services Regulatory Authority (FSRA). The firm expects formal approval in the coming weeks, a key milestone in its Middle East expansion and a clear signal of its strategic commitment to the region's capital markets. Its shareholders include U.S. top hedge fund Lighthouse and Switzerland's second-largest private bank, Bank Julius Baer. GIG expansion reflects the region's competitiveness as a global financial hub, supported by three core pillars:Unmatched Capital ...
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