Forty-five hedge funds want regulatory approval in race to Dubai : US Pioneer Global VC DIFCHQ Singapore Swiss-Riyadh Norway Our Mind

Dubai International Financial Centre’s Salmaan Jaffery says a hedge fund wave is coming to the emirate

Dubai wants to become a global hedge fund hub as star portfolio managers continue to flock to the emirate.

The Dubai International Financial Centre’s chief business development officer Salmaan Jaffery said that the hedge funds are coming to the city from New York, London, and Hong Kong.

“Roughly 45 hedge funds are in the regulatory approval…

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