La Cloche Wealth Management (LCWM), a Swiss wealth management firm, has received license from Dubai Financial Services Authority (DFSA) to set up a new regional office in DIFC.
LCWM, which has over 40 years of sector experience, offers access to all underlying markets such as equities, fixed income, credits, currency and commodities.
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Manal Al Omari, senior executive officer of LCWM, said: "We established our offices in DIFC to enable us to be at the heart of the financial sector in the UAE and the GCC as a whole.
"We feel that this market represents an opportunity for ourselves and our clients who are realizing that an independent asset manager offers a unique and safe method to manage ones wealth."
Jeffrey Singer, CEO of DIFC Authority, said: "The robust environment of the Centre provides a stable, supportive, and secure base for financial institutions to develop their businesses. We look forward to having LCWM’s experienced team on the ground to further strengthen the asset management landscape in the region."
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