Carmignac launches a Dubai hub: building on shared ambitions

Published on
September 3, 2026

In September 2026, we officially opened our new office in the heart of the Dubai International Financial Centre (DIFC), marking another milestone in the continued organic expansion of our international footprint.

As an independent, family- and employee-owned asset manager, we pursue growth in a considered and patient way. Long-term thinking and a clear understanding of our core strengths guide our business decisions, and our choice to establish an on-the-ground presence in Dubai is a prime example of this approach.

A COMMITMENT BASED ON A SHARED FOCUS ON LONG-TERM THINKING

The DIFC offers a robust regulatory framework, internationally recognised legal standards and an efficient business environment, making it an attractive location for asset managers with a long-term strategic outlook, like Carmignac. Dubai’s increasing influence as a financial centre, supported by the Dubai Economic Agenda (D33) – which seeks to transform the emirate into a top four global financial destination – further reinforces its attractiveness as a regional hub.

Our local presence enables us to work more closely with clients and partners across the wider GCC1 market, deepen our understanding of regional investment needs, and contribute to the continued development of the Middle East’s investment ecosystem. Beyond the region, Dubai’s unique geographical position at the crossroads of Europe, Asia, Africa, and the Middle East makes it a global hub connecting capital and investment opportunities across some of the world’s fastest-growing markets, including the Global South.

A SOPHISTICATED MARKET WITH EVER-EVOLVING REQUIREMENTS

The wider GCC market favours active management, an area in which Carmignac has built a strong reputation since its foundation in 1989. According to recent data2, active strategies accounted for €47bn of assets under management across the region, with €8bn invested in passive products.

Investor demand in the region is increasingly centred on income-oriented strategies, particularly across fixed income and multi-asset solutions. At the same time, appetite continues to grow for higher-growth opportunities in equities, technology and emerging markets. While the UAE is already home to many established global players, we strongly believe that our differentiators are our active, high-conviction approach, our agility, and our commitment to bringing only best-in-class products to market.

A DIVERSIFIED PLATFORM FOR MATURE INVESTORS

Carmignac is well positioned to meet evolving investor needs through its recognised expertise in fixed income, including strategies with income share classes designed for yield-oriented investors, its dedicated technology equity strategy, and its long-standing emerging markets capabilities, building on an investment process established in the 1990s and recognised as pioneering in the asset class. Together, these strengths enable Carmignac to offer investors a diversified range of solutions across both income generation and long-term capital growth, helping clients navigate an evolving investment landscape.

A TIME-TESTED TRACK RECORD

With over $50.6 billion in assets under management (AUM) and more than 37 years of experience serving international clients, Carmignac has developed deep expertise across both the wealth and institutional segments, working with private banks, financial advisers, pension funds, sovereign wealth funds, and insurance companies. We are bringing this experience to Dubai, the UAE and the wider region and look forward to building long-term partnerships with clients and market participants, founded on trust, collaboration and shared learning.

1The Gulf Cooperation Council countries, which include the United Arab Emirates, Bahrain, Kuwait, Oman, Qatar, and Saudi Arabia.
2Morningstar and Broadridge, April 2026.

FOR PROFESSIONAL CLIENTS ONLY
This document is issued by, or communicated on behalf of, Carmignac Middle East Ltd, a company incorporated under the laws of the Dubai International Financial Centre with company number CL 13413 registered at GD-PB-04-01-OF-01-0, Level 1, DIFC Fund Centre, Level POD, Gate District Precinct Building 04, Dubai International Financial Centre, Dubai, United Arab Emirates and regulated by the Dubai Financial Services Authority under reference number F013638.
This document is intended solely for Professional Clients and Market Counterparties, as defined under the applicable rules of the Dubai Financial Services Authority (“DFSA”). It must not be relied upon by, or distributed to, Retail Clients or any other person.
The fund(s) referred to in this document are foreign fund(s) domiciled and regulated in Luxembourg by the Commission de Surveillance du Secteur Financier (“CSSF”). Carmignac Portfolio refers to the sub-funds of Carmignac Portfolio SICAV, an investment company under Luxembourg law, conforming to the UCITS Directive. Carmignac Private Evergreen refers to the Private Evergreen sub-fund of the SICAV Carmignac S.A. SICAV – PART II UCI, registered with the Luxembourg RCS under number B285278. Unless expressly stated otherwise, they are not domiciled in, authorised by, or subject to regulation or approval by the DFSA. The DFSA has not approved, reviewed or verified this document, the prospectus or any other fund documentation, and the authority does not accept responsibility for the information contained in them or for the merits of an investment in the fund(s).
This document is provided for information purposes only. It does not constitute investment advice, a recommendation, or an offer or solicitation to buy or sell any financial instrument or fund interest. Any investment decision should be made solely on the basis of the applicable legal offering documents, including the prospectus and, where applicable, the key information document, and after obtaining independent professional advice as appropriate. The information contained in this material may be partial information and may be modified without prior notice. They are expressed as of the date of writing and are derived from proprietary and non-proprietary sources deemed by Carmignac to be reliable, are not necessarily all-inclusive and are not guaranteed as to accuracy. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by Carmignac, its officers, employees or agents.
Access to the Funds may be subject to restrictions regarding certain persons or countries. This material is not directed to any person in any jurisdiction where (by reason of that person’s nationality, residence or otherwise) the material or availability of this material is prohibited. Persons in respect of whom such prohibitions apply must not access this material. Taxation depends on the situation of the individual. The Funds are not registered for retail distribution in Asia, in Japan, in North America, nor are they registered in South America. Carmignac Funds are registered in Singapore as restricted foreign scheme (for professional clients only). The Funds have not been registered under the US Securities Act of 1933. The Funds may not be offered or sold, directly or indirectly, for the benefit or on behalf of a «U.S. person», according to the definition of the US Regulation S and FATCA. The risks, fees and ongoing charges are described in the KID (Key Information Document). The KID must be made available to the subscriber prior to subscription. Prospective investors should read the fund's prospectus/KID and consult their own advisers before making any investment decision. Investors may lose some or all their capital, as the capital in the funds is not guaranteed.
Investment in the fund(s) involves risk, including possible loss of capital. The value of investments and income may go down as well as up, and investors may not recover the amount originally invested. Past performance is not a reliable indicator of future results. Performances are net of fees (excluding possible entrance fees charged by the distributor). The return may increase or decrease as a result of currency fluctuations, for the shares which are not currency-hedged. Any target, forecast, projection or forward-looking statement is based on assumptions and is not a guarantee of future performance or return.
Reference to certain securities and financial instruments is for illustrative purposes to highlight stocks that are or have been included in the portfolios of funds in the Carmignac range. This is not intended to promote direct investment in those instruments, nor does it constitute investment advice. The Management Company is not subject to prohibition on trading in these instruments prior to issuing any communication. The portfolios of Carmignac funds may change without previous notice.
The reference to a ranking or prize, is no guarantee of the future results of the UCITS or the manager.
Morningstar Rating™: © Morningstar, Inc. All Rights Reserved. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Funds classified as Article [8/9] products under the EU Sustainable Finance Disclosure Regulation (“SFDR”) are subject to an EU classification only, and does not represent a label, approval or endorsement by the Dubai Financial Services Authority or any UAE authority. Funds that pursue ESG related objectives alongside financial objectives do so without any guarantee that such ESG objectives will be achieved. ESG data and indicators may be based on third party sources, estimates and evolving methodologies and should not be viewed as a precise or comprehensive measure of sustainability performance.
The fund(s) may be subject to investment, market, liquidity, currency, credit, counterparty, concentration and other risks as described in the applicable offering documents. Prospective investors should conduct their own due diligence and carefully consider the risks, investment objectives, costs and suitability of an investment before making any decision.
The Management Company can cease promotion in your country anytime. Investors have access to a summary of their rights at section 5 entitled "summary of investor rights" at the following link: https://www.carmignac.com/en-ae/regulatory-information