DIFC Engages with Global Fund Managers to Highlight Middle Eastern Investment OpportunitiesPress Release29 Jun 2014 07:00 am
Region's pre-eminent financial centre showcases Middle East, Africa and South Asia offering at world's largest Asset Management event
Dubai, 29th June 2014: In line with its strategy to position itself as a leading global financial market, Dubai International Financial Centre (DIFC) last week engaged with leading fund managers from around the world, at FundForum International 2014 in Monaco.
FundForum International, the flagship event in the FundForum series, is the world's largest fund management event and continues to attract more than 1,200 top decision makers from across the globe.
Exhibiting alongside some of the leading names in the financial services sector, including BNY Mellon, Franklin Templeton Investments, JP Morgan, and Goldman Sachs Asset Management, DIFC offered an insight into the key growth opportunities in the Middle East, Africa and South Asia (MEASA) region.
Jeffrey Singer, CEO of DIFC Authority, commented, "FundForum is a series of events that DIFC continues to support, both on a global scale and here in the region. With assets under management in the Middle East and Africa expected to rise from US$ 0.6 trillion in 2012 to US$ 1.5 trillion by 2020, FundForum International 2014 is the ideal platform to facilitate discussion around the increasing potential of this sector."
With 11 of the top 20 money managers based in the Centre, DIFC's internationally recognised legislative and regulatory framework has supported the growth and development of the region's asset management industry since its establishment in 2004.