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Forty-five hedge funds want regulatory approval in race to Dubai

Dubai International Financial Centre’s Salmaan Jaffery says a hedge fund wave is coming to the emirate

Dubai is home to some of the world’s biggest hedge funds
Dubai is home to some of the world’s biggest hedge funds Photo: Getty Images

Dubai wants to become a global hedge fund hub as star portfolio managers continue to flock to the emirate.

The Dubai International Financial Centre’s chief business development officer Salmaan Jaffery said that the hedge funds are coming to the city from New York, London, and Hong Kong.

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