Ambit, a leading financial warning in India for family and family -based family offices, announced its expansion to the EAU with the opening of the Ambit Global Private Client Office (Ambit GPC) in Dubai.
The new unit of the EAU, located in the Dubai International Financial Center (DIFC), is a 100 percent property or scope, said the company.
Ambit GPC, with more than $ 9 billion general assets under administration and advice (AUM & A), provides institutional quality research and discretionary PMS strategies, innovative vertical and holistic heritage management services of ‘Direct Agreement’.
The new entity, Ambit Global Private Client (Mena) Limited, is the result of a strategic acquisition of MoonRock Investments Ltd by Ambit.
Moonrock, a regulated and registered heritage management firm by Dubai Authority (DFSA), was acquired by AMBIT in November 2024.
The experience in the field of this acquisition fuel in the management of heritage with the strong local presence of Moonrock and the proven capabilities, providing mutual benefits when creating a platform that serves a diverse clientele, including non -resident family rates (Niis Sairy,.
Ashok Wadhwa, CEO of the group, Ambit, said that the incursion in the Middle East is a significant step in the transformation of Ambit into an international brand of heritage management.
“The economic growth of India has a significant opportunity and we are positioning ourselves to offer the experience and platform necessary to navigate on both sides. As Indian wealth becomes more and more global, we are committed to a Samlaess accident that is worth it,” he said.
Amrita Fartahan, CEO, Ambit Global Private Client, said that the company’s EAU expansion movement is a recognition of the growing demand of the residents to invest in high seas, and also the strong interest of the Indian diaspora and international investors.
“In AMIT GPC, our Integrated Wealth Heritage Management platform comes from Indian and International Markets, providing customers with our unique perspectives,” he said.
