ICICI Prudential Asset Management Company has opened a new branch in Dubai International Financial Centre, strengthening its international expansion and deepening its engagement with institutional and wealth investors across the Gulf Cooperation Council and Africa.
The new office in the Dubai International Financial Centre will serve as a strategic hub for the company’s overseas operations. It aims to strengthen relationships with sovereign wealth funds, family offices, private banks and wealth platforms while providing investors in the region direct access to India focused investment opportunities.
The branch was inaugurated by Arif Amiri, Chief Executive Officer of Dubai International Financial Centre Authority, alongside Nimesh Shah, Managing Director and Chief Executive Officer of ICICI Prudential Asset Management Company. Senior executives, distribution partners and media representatives also attended the event.
Amiri said the move highlights Dubai’s role as a global platform for asset and wealth managers seeking closer access to regional capital. He noted that the centre’s internationally aligned regulatory framework and connected financial ecosystem make it a natural base for firms expanding across the Middle East, Africa and South Asia.
Shah said the Middle East has become an important source of investment into India, driven by strong trade ties and a growing appetite for diversification beyond developed markets. He added that investors are increasingly looking at emerging economies with strong growth potential and regulatory stability.
Through its DIFC presence, ICICI Prudential AMC plans to offer institutional investors access to India focused equity, fixed income and multi asset strategies. The company also intends to provide research insights on Indian markets while expanding cross border investment collaboration.
The firm manages about $130 billion in assets and has operated in India’s asset management industry for more than three decades. Its DIFC office will work closely with teams in India to support global investors seeking long term exposure to India’s growth story.
News Source: Dubai Media Office
