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Falcon Private bank's UAE AUM on its way to hit $1bn

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Falcon Private Bank, owned by Abu Dhabi's Aabar Investments, will achieve its target of $1 billion assets under management in the UAE by the end of 2011, helped by Gulf investors shifting away from traditional investment hubs, its chief executive said. "People in this region don't go by default to…

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Click here to read the full story: Reuters

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