ASK Private Wealth, the wealth management arm of Blackstone-backed ASK Asset & Wealth Management Group, has announced the launch of its operations in the Dubai International Financial Centre (DIFC), marking a significant milestone in its global expansion strategy.
This new office, ASKWA DIFC, aims to provide Non-Resident Indians (NRIs) and global investors seamless access to the rapidly growing Indian market, while offering India-based clients the opportunity to diversify their portfolios in global markets.
Rajesh Saluja, Co-founder, CEO & MD of ASK Private Wealth, highlighted the strategic importance of this move, stating,
"The launch of our DIFC office underscores ASK's commitment to scaling our international footprint. The Indian diaspora has global ambitions, and we would like to partner with them in their outreach. This move will enable us to offer overseas investors a gateway to India’s dynamic markets while supporting Indian clients in diversifying globally."
Prateek Pant, Market Head for Middle East & Africa, ASK Wealth Advisors (DIFC), emphasized the importance of Dubai’s position as a financial hub, noting,
"Dubai’s strategic location and robust financial ecosystem make it an ideal base to connect investors in Middle East & African markets with India’s compelling growth story."
Welcoming ASK to DIFC, Salmaan Jaffery, Chief Business Development Officer at DIFC Authority, expressed his excitement about the center's role in facilitating global wealth management. He stated,
"The opportunities available to ASK from DIFC are endless, and we would like to thank them for choosing us as their new home in the region."
ASK’s DIFC office will be staffed by a team of seasoned professionals, backed by the group’s extensive global resources, research capabilities, and innovative investment strategies, ensuring tailored wealth management solutions for clients across the region.
News Source: Dubai Media Office
