An insight into Standard Life Aberdeen’s young Abu Dhabi office
By Mark Battersby, 7 Mar 18
One of the youngest international offices in the merged Standard Life Aberdeen Group was set up by Aberdeen Asset Management in late 2016, before two businesses combined.
How are the investment needs of NRIs different from UK expats in the region?
Their investment needs are pretty similar in that it is about income. They may be, by and large, willing to take a little bit more leverage in their investments than your British expat, but I think the biggest change is where they’ are willing to invest.
The NRIs are very happy, understandably, to invest in India, which we would advocate for most investors, given the positive reforms in the economy.
NRIs will invest in India and other emerging markets because they are aware, they are happy with it, whereas the average British expat, view these markets as being slightly higher up the risk spectrum.
So, it has been biased. In the same way that a UK investor who or may want to invest in Sterling will happily invest in the UK, Indian investors have the same biases to their home market.
