Finance

HSBC Opens Asset Management Branch in United Arab Emirates

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By Denise Wee, David Ingles, and Yvonne Man

January 12, 2026 at 2:36 AM UTC

Updated on

January 12, 2026 at 7:30 AM UTC

HSBC Holding Plc’s asset management arm got the green-light to open a branch in the United Arab Emirates to tap one of the world’s fastest growing wealth markets.

The bank will kick off with offering 10 onshore funds to investors out of its new branch in Dubai, according to Daisy Ho, HSBC Asset Management’s chief executive officer for Asia and the Middle East.