DUBAI – 30 March 2015 – Forth Capital announce the authorisation of Forth Capital (DIFC) Limited, in the Dubai International Financial Centre (DIFC).
As a leading investment firm, Forth Capital offers a blend of first-class investment products provided by the world’s premier investment houses. Already in Geneva and Hong Kong, the firm’s new Dubai operation will focus on sophisticated expatriates with at least US$500,000 in liquid assets, positioning it at the higher end of the mass affluent market.
“We are delighted to have received our license from the Dubai Financial Services Authority (DFSA),” said Forth Capital’s CEO, Tom Tracy. “Our Swiss heritage definitely adds a certain gravitas to our long-established brand, however we were effectively a start-up from a DIFC point of view. The team at CCL guided us through the DFSA authorisation process and we are now ready to start trading.”
“The GCC is a fertile ground for top quality, bespoke personal financial planning,” says Christopher Hobbs, Director at CCL in Dubai. “The DFSA’s international standing as a regulator and the wider legal and commercial environment of the DIFC provides the ideal platform for proper investor safeguards and thriving financial planning businesses”.
“International executives based in this part of the world want transparency on fees and fair, financial advice from industry professionals,” said Tracy.