Wealth Management

Canaccord Wealth opens Dubai office as it plots international expansion

Wealth manager looks to grow outside the UK after snapping up Brooks Macdonald’s international arm

The Dubai International Financial Centre has granted Canaccord permission to start trading
The Dubai International Financial Centre has granted Canaccord permission to start trading Photo: Getty Images

UK wealth manager Canaccord Wealth has opened an office in Dubai as it joins a flurry of firms rushing to set up shop in the Middle East.

The £35.2bn wealth manager and advisory firm has obtained a license to operate from a new permanent hub in the Dubai International Financial Centre, it said in a 5 March statement.

WSJ Logo