Home Asset Management Global asset manager Wellington Management opens in DIFC

Global asset manager Wellington Management opens in DIFC

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Wellington Management (“Wellington”), one of the world’s largest independent investment management firms, with more than USD1.1 trillion assets under management globally, has established a new office in Dubai International Financial Centre (DIFC) in the Gate building. In addition, Wellington Management (DIFC) Limited have been granted a Prudential Category 4 Regulatory Licence by the Dubai Financial Services Authority (DFSA).

Wellington has managed assets on behalf of Middle East clients for 29 years from its London office, including for clients and prospects in DIFC and UAE.

The DIFC office will be led by Waleed Al-Rezooqi, who joined Wellington earlier this year as Senior Executive Officer & Director, Middle East, within Wellington’s EMEA Client Group. He is responsible for leading Wellington’s business development and relationship management activities in the Middle East.  Waleed has more than 14 years of experience and was most recently Executive Director for Morgan Stanley Investment Management where he was responsible for originating transactions across public and private markets and managing key relationships with institutional clients in the Middle East.

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