Rokos Pushing Ahead With Abu Dhabi Office After Regulator Approval

Chris Rokos’ hedge fund is pushing ahead with plans to open an Abu Dhabi office, underlining the United Arab Emirates’s continuing appeal to hedge funds, even with the country having been a target of Iran’s missile and drone attacks.

Rokos Capital Management, which manages around $22 billion, has secured a full regulatory license to operate in the city, according to a statement by the international financial center of Abu Dhabi on Friday. London-headquartered RCM, which also has offices in New York and Singapore, has taken office space in Abu Dhabi’s Sky Tower, according to the statement.