The world is a very interesting place ranging from the most beautiful beaches to destinations with iconic architecture like Dubai that are not only known for extreme opulence and luxury but also more recently chocolate – a trend nobody could have ever imagined. At the same time, global investors are flocking to Dubai, especially hedge funds, and this post touches on that. But why Dubai?
Digging into historical data over the years while guiding various clients and investment initiatives, it is noteworthy that Dubai was not really on the map/radar until more recently and as time goes on we continue to see (along with global investors of all types) a big opportunity there.
Looking at the Dubai International Financial Centre (DIFC) alone, studies show that the number of hedge funds based there nearly doubled in recent years and we anticipate that trajectory should likely continue. But to what extent? Only time will tell.
Dubai’s favorable business climate, world class infrastructure and high quality of life along with access to top tier talent which a variety of news outlets have touched on are reasons why it makes sense that investors of all types are putting a flag in the sand there.
Even if you’re a hedge fund based in Miami, NYC or anywhere else in the world there’s an increasing need to establish shop in Dubai along with a variety of other areas that are becoming hotspots now. The influx of hedge fund founders flooding to Miami in the past 3 years is a perfect example.
Essentially, would you rather be a leader or a follower? And quite frankly you know the answer if you’re reading this now.
We help institutional investors around the world navigate the wide range of potential market outcomes to unlock what’s around the next turn. If you hit a roadblock and need a fresh set of eyes let’s connect.