Despite the tensions of war, ex-Barclays CEO Bob Diamond is long Gulf. Here’s why | Fortune
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Former Barclays CEO Bob Diamond said he remains long on the Gulf despite regional war tensions, citing the region's capital and reform momentum as reasons to stay invested. Diamond, who now runs Atlas Merchant Capital, made the comments in a Fortune interview published November 3, 2026. He pointed to sovereign wealth fund firepower and economic diversification drives across Gulf states as underpinning his bullish stance. The remarks matter because they signal continued Western financier appetite for Gulf exposure even as conflict risk weighs on the region. Investors will watch whether Diamond's Atlas deploys fresh capital into Gulf deals and how regional tensions affect sovereign fund allocations.
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Bob Diamond, Gulf, Barclays