DUBAI: Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa, and South Asia (MEASA) region, has reinforced its position as the largest and preferred hub for wealth and asset management (WAM) companies and hedge funds.
The total number of WAM firms now exceed 370, primarily comprising firms from the Asia Pacific, GCC, Europe, UK, and the US.
As part of its unique ecosystem offering, DIFC provides access to a deep pool of talent and expertise, A-grade infrastructure, regulatory frameworks, as well as direct access to both established and emerging markets.
Arif Amiri, Chief Executive Officer of DIFC Authority, said, ‘Dubai continues to be a leading global destination for wealth and asset management firms, with over 370 now operating within DIFC. Large pools of wealth embedded in sovereign funds, family offices, and via ultra-high-net-worth individuals, coupled with the stability and success of DIFC’s 20-year track record, continue to draw in the world’s best
investment managers ranging from traditional to alternative managers.’
As part of its 20 Days of Finance programme to coincide with the Centre’s 20th anniversary year, DIFC is hosting the first HFM Middle East Summit exclusively for hedge fund managers, this week. The Summit will bring together over 200 global leaders including over 120 hedge fund representatives, which is the largest gathering of hedge funds to have ever congregated in the Middle East region.
Source: Emirates News Agency