Riyadh - Sharikat Mubasher: Global asset management group Janus Henderson Group is exploring opportunities in Saudi Arabia to expand its footprint in the Middle East and boost regional investment.

Opening an office in the Kingdom is a “likely outcome” for the group, though no official decision has been taken, Chief Executive Officer Ali Dibadj stated in an interview with Bloomberg.

He revealed that Baraa Amir was recently appointed as Executive Director for the Middle East and Africa (MEA) region to “start laying the groundwork” for more investment in the region.

“We’re looking to expand for sure because we see a lot of opportunity. We are very focused on investing locally,” Dibadj said.

Dibadj affirmed that the Middle East should also be able to benefit from the frenzy of interest from investors. “The beauty of that structure is that it is quite transportable. This region can certainly get the benefit. Asia can get the benefit. So absolutely, yes, there will be more.”

Janus Henderson manages assets in the “low double-digit billions of dollars” on behalf of clients in the Middle East, including sovereign wealth funds and family offices.