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Asset management industry ‘set for growth’

Bahrain Business
Tue, 15 May 2018
By Avinash Saxena


MANAMA: Bahrain’s assets management industry is set to see continued strong growth in the next five years, according to a top regulatory official. Central Bank of Bahrain executive director of financial institutions supervision Abdulrahman Al Baker told the GDN this positive trend can be attributed to the rapid expansion and increasing sophistication of the GCC financial markets, the enhancement to the existing regulations governing assets management and capital markets, the growth of wealth of high net-worth individuals as well as the steady economic growth in the region.