Key players join DIFC to tap into wealth across region

Key players join DIFC to tap into wealth across region

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, has attracted several notable names recently. This takes the total number of wealth and asset management companies to over 300.

Recent significant new wealth & asset management (WAM) firms in DIFC include Edmond de Rothschild, EnTrust Global, Nomura Singapore Limited and The Family Office Company.

The growth milestone reaffirms DIFC's position as MEASA’s top financial centre for companies looking to access the vast pools of wealth in Dubai, UAE and the wider region.

Unrivalled access

Establishing in DIFC provides unrivalled access to the region’s competitive and globally connected markets as well as deep pools of talent and expertise.

DIFC’s 300 WAM firms represent an industry size of $450 billion. More than 150 funds were domiciled in the centre by the end of 2022. This saw robust growth during the first quarter of 2023, reinforcing the centre’s commitment towards providing a conducive environment for businesses in the region – a primary driver for economic growth.

The financial centre’s world-class legal and regulatory framework, coupled with a collaborative approach between clients, regulators and DIFC Authority, have bolstered the depth and breadth of its asset management ecosystem.

With $517 billion