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Farringdon Asset Management opens DIFC branch

To support the firm’s expansion plans in the region

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Singapore-based Farringdon Asset Management has opened a branch office at the Dubai International Financial Center (DIFC) with a Category 3C fund management license issued by the Dubai Financial Services Authority (DFSA). “The regulatory regime offered by DFSA is second to none in its stringent approach and we believe that both clients and staff will increasingly look to have their assets managed by DFSA-regulated firms. These needs will grow exponentially as insurance brokers and consultants are gradually removed from their ability to advise on and manage assets under the increased burden of regulations,” the CEO of Farringdon Asset Management said.