TFO, which recently established a representative office at the Dubai International Finance Centre (DIFC), currently manages US$1.2 billion, is keen to expand its business further growth in the region.

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Speaking at the firm’s 8th Annual Global Asset Allocation (GAA) conference, which was for the first time held in Dubai, Abdulmohsin Al Omran, CEO of TFO, said, "In 2004, when we opened The Family Office, our focus was to help families manage their global wealth while they took care of their businesses.

"We are big believers that the best way to generate wealth is to focus on your business. Give it the maximum time, effort and energy and leave your international investments to be managed by the experts," Khaleej Times quoted him as saying.

"The world is becoming more complex and, at times of uncertainty, one has to have clarity and continuous access to knowledge in order to formulate a strategy. While you are trying to meet your goals, your minds are distracted by the day-to-day market movements and geo-political uncertainty. Unless you have a clear strategy and maintain focus, your goals will be difficult to meet," he further added.

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