Hedonova navigates the future of alternative investment in UAE

Hedonova navigates the future of alternative investment in UAE

The global hedge fund underlines strategies for success in UAE's alternative investment market

By Alexander Cavendish Published: Wed 26 Jul 2023, 6:28 PM

Hedonova, a US-based hedge fund, is strengthening its UAE portfolio as it navigates the promising future of alternative investments in the GCC market. As a premium hedge fund that specialises in alternative investments, Hedonova’s team affirms that the future of alternative as well as sustainable investments in the UAE holds great potential. The up-and-coming hedge fund in the region is keen on providing appealing, lucrative opportunities for those seeking higher yields and portfolio stability.

Alternative investments are already gaining popularity, offering investors in the UAE new options and diversification beyond traditional assets. Seasoned investors like Warren Buffett, Carl Icahn, and George Soros have achieved remarkable results through ventures into private equity, hedge funds, and real estate. Naturally, as investors in the UAE become more curious about alternative investments, they also wonder whether alternative investments can outperform traditional ones in terms of generating higher profits.

Alexander Cavendish, co-founder and CEO at Hedonova, opines, "Today, with the government taking proactive measures to create an investor-friendly environment, and the UAE ranking 16th globally in the World Bank's Ease of Doing Business report, alternative investments