Wednesday, December 25, 2024

Octave opens its headquarters in the Dubai International Financial Center

Date:

Normal

October 22, 2023

17:23 PM

During the opening ceremony

Dubai: “The Gulf”
Octave Asset Management (OAM), one of the leading companies specializing in the investment advisory sector, has announced the official establishment of its new headquarters in Dubai after receiving a license from the Dubai Financial Services Authority to operate from the Dubai International Financial Centre. . This comes at a time when we are witnessing an increasing influx of high net worth individuals looking to invest and settle in the UAE in general and Dubai in particular. With a firm commitment to value-based investing, Octave Asset Management aims to set a new standard for client-centric wealth management.
The firm offers a wide range of investment solutions that are carefully designed and targeted to meet the unique needs and aspirations of its clients. These options include traditional assets such as stocks, bonds, ETFs and mutual funds, as well as non-traditional assets such as private equity, venture capital, structured products and art acquisitions. Additionally, Octave Asset Management offers a private portfolio service through which it manages in-house funds tailored to its clients’ specific risk profiles and objectives.
In addition to these offerings, Octave Asset Management has teamed up with valued partners to launch an exclusive private real estate investment fund that provides clients with access to exclusive real estate investment opportunities.
Currently, Octave aims to manage over one billion dollars worth of assets by 2024 and operates in 7 different markets from the UAE to cement its position as an industry leader in providing services to Middle East investors. . United Arab Emirates.
Ahil Mansoor, the company’s CEO and Chief Investment Officer, said: “We are delighted to launch our operations at Octave Asset Management due to continued strong demand from the Middle East markets. The company has officially started its operations in Dubai. Our unique strengths are a combination of broad experience, global perspective and robust risk management metrics that resonate with high net worth individuals in the UAE as a hub for global markets. We look forward to our clients coming to us as trusted advisors for administration services to benefit from the speed and security of personal wealth and solutions tailored to each client’s circumstances and needs for estate and succession planning. Last year alone, the UAE attracted 4,500 new billionaires, and the trend is expected to continue. So, at this particular time we headed to the Emirates and it couldn’t have come at a better time.
Mohammed Javed, Chief Operating Officer of Octave Asset Management, added: There are currently 45 billionaires in the UAE, with an estimated personal net worth of approximately $181 billion. These numbers indicate an immediate upward trend that we intend to use for the benefit of our clients. “With our strong network, innovative investment solutions and world-class digital capabilities, we are well-positioned to support our clients in the Middle East region in accessing these growth opportunities.”
The investment philosophy adopted by Octave Asset Management is centered on transparency, accountability and integrity. The firm’s rule-governed investment selection process, backed by rigorous systems and controls, ensures that clients’ interests are always at the forefront of our minds, with a strong commitment to prioritizing their returns.

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Nadia Barnett
Nadia Barnett
"Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator."

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