Dubai International Financial Centre has welcomed Gordian Capital's entry into the centre after IQ-EQ announced that the firm had secured Dubai Financial Services Authority approval to expand its institutional cross-border fund platform and fund solutions offering into Dubai from a new DIFC office. DIFC said the move adds regulated fund infrastructure for institutional managers, asset owners and investment professionals operating across the Middle East. The licence allows Gordian to manage a collective investment fund, advise on financial products, arrange custody and investment deals, and manage assets within or from DIFC. It also includes an endorsement to use a fund platform. IQ-EQ said the offering is aimed at experienced investment professionals that need regulated physical and operational fund infrastructure, with Gordian handling the business and operational management of each fund and expecting to support fund structuring and capital flows from the region into global opportunities.

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