The rapid growth of the Dubai hedge fund market

Posted on 14 December 2022

The Hedge Funds space in Dubai is going through a hyper-growth phase, with Multi $Bn Multi Managers, Quant Funds, and Boutique Hedge Funds setting up shop in the Emirate.

In addition to the tax incentives and softer regulations, Dubai is a safe, affordable, and international city, that attracts top talent from large financial centers like London, New York, Hong Kong, and Singapore. Furthermore, residents get to enjoy 365-day sunshine (although admittedly temperatures soar from June til August), through the summer portfolio managers and analysts bolt for cooler climates in Europe.

Finally, from a Trading perspective. Dubai, conveniently, sits 4 hours behind most APAC cities, 3-4 hours ahead of most European Cities, and 8-9 hours ahead of most North American Cities. This enables trading talent in Dubai to have a presence in multiple exchanges across a single working day, this geographic advantage is not seen amongst other global competitors. For example, a London-based PM who trades in the Chinese markets, wakes as early as 4 am to start their day! Whereas, if they were based in Dubai they would easily be able to cover this market in their 'regular' work day.

To explore roles currently in the Dubai hedge fund market, reach out to Maaz Milfer to find out more.

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