HSBC has inaugurated a dedicated asset‑management branch in Dubai, marking a significant expansion of its Middle East footprint. The new office, licensed by local authorities, will provide investors with access to 10 onshore funds managed by HSBC Asset Management.Daisy Ho, Asia & Middle East CEO of the division, highlighted the bank’s commitment to delivering tailored investment solutions in the region. She discussed the launch on “Bloomberg: The China Show,” alongside Yvonne Man and David Ingles of Bloomberg.

The move positions HSBC to tap growing demand for diversified asset classes amid rising wealth in the Gulf. By offering a broader product suite, the bank aims to strengthen client relationships and capture market share from regional competitors. The launch also signals regulatory confidence in the UAE’s financial sector, potentially encouraging further foreign investment.

Investors, wealth managers, and regional financial institutions will closely monitor the branch’s performance as a barometer for future expansion in the Middle East.