As we mentioned in our earlier announcement, a game changing platform like MarketsFlow must continue with sustained momentum both at a strategic and operational level. On the same note we want to share some further developing good news.
DIFC had visited our offices in London back in September ’17 to share their vision for running a more efficient and optimised Asset Management eco-system in the Middle East. At the time, we told them that the focus for MarketsFlow is the US – Boston expansion.
However, with the overfunding and scalability of MarketsFlow platform, we have resumed discussions with Salmaan Jaffrey (Chief Business Development Officer) and Ali Hassan (Senior Representative, Europe & North America) since December’17. A call has been planned on Tuesday 16th of Jan to discuss a feasibility trip to Dubai.
Our goal would be to seek an existing Asset Manager in Dubai with a view to discuss JV or partnership, due to the nature of the Middle East market. We believe this would provide us with the quickest penetration into that region.
Whilst the US expansion will be our key focus for Q1 with dedicated resources and diligent planning, we are keenly looking at the Middle East market. They manage $5.1 trillion and we want to ensure that we play our necessary role in sharing DIFC’s vision of optimised Investment Management future.
Have a wonderful day!
Risk Warning: Any financial performance figures refer to the past and that past performance is not a reliable indicator of or forms a guarantee for future results. For detailed Risk Warning click here.
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