India’s Spark Capital Private Wealth Management (Spark Capital PWM) has officially launched its operations in the Dubai International Financial Centre (DIFC) through its subsidiary, Spark Global PWM Private Limited. This strategic move positions the DIFC as the central hub for Spark Capital’s activities in the Middle East. The DIFC is home to 420 wealth and...
Brown Advisory, a privately held global investment management firm managing $161.7 billion in client assets worldwide, has officially opened an office in the Abu Dhabi Global Market (ADGM). This expansion aims to address the increasing client demand for the firm’s global and US equities and fixed income strategies. Jack Weatherby has relocated to Abu Dhabi...
The Family Office, a prominent wealth management firm in the Gulf Cooperation Council (GCC), has unveiled its new digital tool, FinancialGoal.com, in the Dubai International Financial Centre (DIFC). This innovative platform aims to assist investors in defining and achieving their financial objectives through personalized investment strategies focused on private market opportunities. As economic conditions shift...
Mercer, the investment consulting branch of US services company Marsh & McLennan, anticipates that its wealth division will at least double its assets under management (AUM) in the Middle East. This growth is expected to continue despite current economic challenges. Yasir AbuShaban, a principal at Mercer Wealth based in Dubai, stated that the company aims...