DFM debuts in Singapore with its third International Investor Roadshow of 2023
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• In collaboration with Goldman Sachs, the roadshow will take place on September 27 and 28 in Singapore.
• High-level delegation headed by DFM and senior representatives of major companies in Dubai.
• The exclusive tour will address the growing interest of investors in Asia.
Dubai Financial Market (DFM) is organizing an exclusive tour for international investors in the island city-state for the first time. Investors in Singapore will have the opportunity to meet with senior representatives of Dubai’s leading companies.
The debut roadshow in collaboration with Goldman Sachs will be part of Singapore Corporate Days 2023and will underline DFM’s commitment to expanding its engagement with global investors while showcasing the depth of Dubai’s capital markets.
Building on the resounding success of DFM’s roadshows earlier this year in New York and London and in response to growing interest from Asian markets, DFM is set to deliver another impactful investor engagement opportunity. The roadshow aims to engage investors in Asia, providing them with a unique opportunity to interact with sector specialists and generalist portfolio managers from leading institutional equity funds in Singapore and the broader region. The conference will allow for individual interactions and small group meetings, facilitating meaningful exchanges and discussions.
Hamed Ali, CEO of DFM and Nasdaq Dubai saying:
“We are increasingly seeing strong appetite from global investors who want to access the growing capital markets taking place in Dubai. That is why we have decided to organize our third roadshow this year in Singapore, one of the most dynamic financial, commercial and cultural centers in the world. With 48% of trading activity at DFM led by international investors in the first half of the year, the tour is very well timed and aligned with the growing global interest in our market.
“Dubai is an increasingly important commercial hub for the global flow of capital. Our goal is to bridge the gap between the East and the Middle East, bringing together capital and opportunities to feed the growing appetite of international investors. The tour will be a vital platform to showcase Dubai’s robust financial ecosystem, offering foreign investors insights into regional growth prospects and opportunities to diversify their portfolios.”
The Singapore edition follows the success of DFM’s recent International Investors Roadshow in London in June this year, which saw 87 one-on-one meetings with senior representatives from more than 100 global investment funds represented by 231 investors.
Dubai’s emergence as a global financial center is evidenced by DFM’s strong performance in 2023. DFM’s primary index surpassed its 8-year record achieving a year-to-date increase of 22.6%, with DFM PJSC reporting a 77% increase in net profit during the first half of 2023, supported by 25,699 new investors, 74% of which were foreign investors. Furthermore, the share of foreign investors in the market capitalization reached 20% at the end of June 2023. The strong half-year performance was also helped by the growing participation of institutional investors who had a significant share of 57% of the trading value .
News source: Dubai Press Office
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