Nomura AM's first Middle East head flags plans
Tarek Fadlallah says the Japanese fund house's new Dubai office will focus on institutional clients. A retail business is not on the agenda, but investment staff could be.
The Middle East may have its mojo back, as far as foreign fund houses are concerned. Nomura Asset Management has become the latest in a line to have recently opened an office in Dubai, with more said to be in the pipeline.
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