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Matthias Knab, Opalesque for New Managers: Asia's oldest (est. 2005) and largest (AUM USD 17bn) institutional fund platform, Gordian Capital, announced today expansion plans to Dubai. Subject to regulatory approval from the Dubai Financial Services Authority (DFSA), Gordian plans to offer services in Dubai similar to those in Singapore, Hong Kong, and Tokyo. Global alternative asset managers expected to make up its primary client base.
"The Dubai International Financial Centre (DIFC) has seen and continues to experience strong growth in the number of managers across alternatives and traditional strategies establishing an operation," said Mark Voumard, Founder and CEO of Gordian Capital Singapore Private Limited.
He added: "Going cross-border can have its challenges, primarily in terms of speed to market, as well as meeting rigorous initial and ongoing operational and regulatory standards. This is where, provided we obtain regulatory approval, with the group's history of success and growth in Asia over the last 20 years, we plan to provide a highly regulated market entry pathway and infrastructure for institutional-quality GPs and managers seeking to establish a regulated presence in the DIFC."
Gordian Capital is Asia's only fully licensed institutional fund platform operating in Singapore, Hong Kong, and Tokyo, a...................... To view our full article Click here
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