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Spark Capital PWM establishes strategic presence in Dubai International Financial Centre to serve global investors
Spark Capital PWM establishes strategic presence in Dubai International Financial Centre to serve global investors

Zawya

timean hour ago

  • Business
  • Zawya

Spark Capital PWM establishes strategic presence in Dubai International Financial Centre to serve global investors

Spark Capital, through its Investment Banking, Asset Management and Private Wealth Management services, has evolved into an integrated financial services institution in India. Spark Global PWM Private Limited, a CAT4 firm regulated by Dubai Financial Services Authority, the independent regulator for business conducted from or within Dubai International Financial Centre (DIFC), operates as a subsidiary of Spark Capital's Private Wealth Management business and the new office will serve as a hub for its Middle East operations. Dubai, UAE: Spark Capital Private Wealth Management (Spark Capital PWM), today announced the launch of its operations in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region through Spark Global PWM Private Limited. This strategic expansion will enable global investors to access diverse markets with ease while offering its clients comprehensive portfolio diversification opportunities. The move reinforces Spark Capital's commitment to delivering sophisticated, bespoke wealth management solutions on an international scale. Spark Capital PWM has significantly focused on growth & expansion in recent years. Its AUM & AUA has grown nearly 10x—from USD 360.24 million (INR ~3,000 crores) in April 2023 to USD 3.56 billion (INR 30,000 crores) in May 2025. The firm has also scaled its team from 60 to over 400 professionals, including 130+ seasoned relationship managers, and established a pan-India presence across 12 cities. Commenting on the expansion, Arpita Vinay, Senior Managing Director & Co-CEO, Spark Capital Private Wealth Management Private Limited, said, "The establishment of our DIFC office represents a significant milestone in Spark Capital PWM's global growth strategy. Dubai's strategic location and robust financial infrastructure provide an ideal platform to connect investors across regions with diverse investment opportunities. This expansion allows us to enhance our service offerings to international clients while creating new avenues for wealth creation and preservation." Neeraj Ojha, Senior Executive Officer, Spark Global PWM Private Limited, added, "DIFC offers an exceptional ecosystem for wealth management firms, with its world-class regulatory framework and access to a wide network of financial institutions. Through our presence here, we aim to provide professional clients in the Middle East with comprehensive wealth solutions backed by Spark Capital's expertise and innovation in investment management." DIFC is a strategic gateway to financial institutions and multinational firms in the region. DIFC continues to experience exponential growth in the wealth and asset management sector with 420 wealth and asset management firms and over 75 pure play hedge funds, 48 of which are 'billion-dollar club' organisations, that are capitalising on regional opportunities. Spark Global PWM Private Limited's DIFC office will be staffed by a team of experienced wealth management professionals with extensive knowledge of global markets and a proven track record of delivering exceptional client outcomes. These professionals will leverage the firm's comprehensive research capabilities, innovative investment strategies, and established track record in wealth management to provide tailored solutions to clients in the region. This approach underscores Spark Capital's dedication to client-centric service while strengthening its position as a trusted wealth management partner globally. About Spark Capital Private Wealth Management Spark PWM Pvt Ltd, operates as a subsidiary of Spark Capital Advisors (India) Limited. Aligning with Spark Capital's core values of Knowledge, Integrity, Trust & Transparency, Spark PWM endeavours to assist Affluent Families, Business Owners / Promoters, Family Offices, New Age Entrepreneurs, and CXOs in navigating the complexities of the financial landscape. The company's mission is to seamlessly facilitate the creation, preservation, and transition of wealth across generations through its range of products and services. As part of Spark Capital's ecosystem, Spark Capital PWM extends its offerings beyond traditional wealth management services to include investment banking and asset management expertise. This integrated approach enables Spark Capital PWM to tailor bespoke solutions to meet the diverse needs of its clientele. About Dubai International Financial Centre Dubai International Financial Centre (DIFC) is one of the world's most advanced financial centres, and the leading financial hub for the Middle East, Africa, and South Asia (MEASA), which comprises 77 countries with an approximate population of 3.7bn and an estimated GDP of USD 10.5trn. With a 20-year track record of facilitating trade and investment flows across the MEASA region, the Centre connects these fast-growing markets with the economies of Asia, Europe, and the Americas through Dubai. DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region's largest financial ecosystem of 46,000 professionals working across over 6,900 active registered companies – making up the largest and most diverse pool of industry talent in the region. The Centre's vision is to drive the future of finance through cutting-edge technology, innovation, and partnerships. Today, it is the global future of finance and innovation hub offering one of the region's most comprehensive AI, FinTech and venture capital environments, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programmes, and funding for growth-stage start-ups. Comprising a variety of world-renowned retail and dining venues, a dynamic art and culture scene, residential apartments, hotels, and public spaces, DIFC continues to be one of Dubai's most sought-after business and lifestyle destinations.

It's taken years to recover from a greedy mistake. Here's how I fixed it
It's taken years to recover from a greedy mistake. Here's how I fixed it

Telegraph

time2 days ago

  • Business
  • Telegraph

It's taken years to recover from a greedy mistake. Here's how I fixed it

Getting the 'weightings' right – i.e. the respective sizes of the different holdings in one's portfolio – is crucial to overall investment success, as I know to my cost. In December 2021, after three profits upgrades in one year, my holding in flavour and fragrance manufacturer Treatt touched £13 per share compared with my original equivalent purchase price of 31p back in 1999. As a result, Treatt became by far my largest holding, equating to over 35pc of my Isa. Of course, with the benefit of hindsight, I should probably have sold half and bought a nice stretch of salmon fishing or similar, but their future looked ever rosier. I did reduce my holding by 20pc on a steadily rising price, selling from £4 upwards and finally in April 2021 at £10.80. Sadly, they went into reverse – as a particularly large US contract was not repeated and they endured management changes, more difficult trading and profits warnings. These combined to deliver a substantial de-rating, with the shares slumping earlier this year to £2 and change. I bought more at 251p and they have now recovered to 280p, a price representing hardly more than net asset value (Nav), thus Treatt is clearly vulnerable to a private equity or trade predator. However, I still believe in having the confidence to retain large holdings – backing winners – but not to anything like that 35pc level. A painful lesson! It has since taken me three and a half years to rebuild the combined value of my Isa and non-Isa portfolios, not helped by a disastrous investment in Videndum, which was hit by the Hollywood writers' strike and held far too much debt. Thankfully today my overall value is pleasingly at a new peak and providing a much-appreciated dividend income. That value is held across 25 UK companies, I do not invest overseas, and I have always believed in a fairly concentrated portfolio. As a result, the weightings within my portfolio are critical to achieving my goals of capital growth plus significant dividend income. My two largest holdings – Concurrent Technologies and M&G – each comprise broadly 15pc of the total value. The former has shown outstanding growth under the leadership of Miles Adcock, nearly quadrupling in value on the back of an increasing flow of design contracts primarily from the USA defence and related sectors. I hope and believe that Concurrent has an outstanding future ahead. Meanwhile M&G, carefully stewarded by Andrea Rossi, has to be the greatest dividend stock on the market. Why more investors have not come on board given its unique strength and double figure dividend yield remains a mystery. Next are my two 10pc holdings. Anpario, in natural animal feed supplements, brings an impressive near 20-year annual dividend growth. And PZ Cussons, of which I have frequently written and spoken. It has been an abysmal performer over recent years, but my hunch is that when it divests from Africa, its UK brands and valuable businesses in Australia and Indonesia will be recognised. Indeed, it will be surprising if major global players in the soaps, toiletries and cosmetic sectors are not looking seriously at it. Next come my 5pc holdings – Cerillion, Christie, Goodwin, Legal & General, Treatt and VP. Cerillion, providing billing services for the global telecoms sector, has been a superstar, advancing from 84p per share when I first bought them in 2016 through to a highly rated £18 today. Hopefully more growth to come, but mindful of my Treatt scar I have recently trimmed my holding. Christie has been hugely undervalued for a long time but has now started to motor. As I wrote in my last article, the disposal of its loss-making stock-taking business has transformed both bottom-line profitability and liquidity – recent results were very encouraging and the dividend more than doubled. I added to my holding at 85p in April, and they are currently trading 50pc higher. I firmly believe that niche engineer Goodwin is the UK's greatest untold industrial success story with a magnificent growth record and an excellent future. Legal & General needs no introduction, again a wonderful high yielder, and Treatt has been already covered. Old established plant hire VP offers both an attractive 7pc yield and likely capital growth on increasing UK infrastructure spend. Thus, it is the aforementioned 10 companies who will be key to my overall performance over the short to medium term. But they aren't the whole story. Next come eight holdings of 1pc – Aviva, shipbroker , Hollywood Bowl, defence-focused MS International, Phoenix for its yield, STV – disappointing but undervalued, Supermarket Income Reit – high yielding and at a discount to Nav, and, finally, Vianet, an old favourite with valuable technology but still to deliver. My most recent purchase is Carr's Group, a small global business in feed supplements for ruminants, which makes nine. The new management team impresses and it is chaired by Tim Jones, who formerly successfully chaired Treatt in its growth years. Having divested from virtually all their engineering interests and currently returning cash to shareholders, Carr's are now focused on growth in agriculture, probably both organically and by acquisition. Finally to six small holdings: high yielding Duke Capital and ITV with its good yield and continuous takeover chatter, two much undervalued property companies in Town Centre Securities and Workspace (both around half asset value), and global drinks group Fevertree, likely to benefit significantly from the Molson tie-up. Lastly, to my worst performer, leading insolvency litigation financing specialist Manolete. Very disappointing so far but considerable scope for recovery, standing at only half its original IPO price and seemingly currently trading at record levels. If its major 'cartel' cases are settled favourably, the shares could really bounce.

QVest Announces Name Change
QVest Announces Name Change

National Post

time3 days ago

  • Business
  • National Post

QVest Announces Name Change

Article content Article content TORONTO — Q Cantar Holdings Inc. ('QVest') announces, effective immediately, QVest has changed its name to Victory Hill Capital Corp. (' Victory Hill (Canada) '). Article content The company was originally established in 2006; in 2018 the firm was rebranded as QVest, and finally as Victory Hill in May 2025. Article content Victory Hill has a team of seasoned industry experts who understand that the commitment to investors goes beyond simply managing broad based funds. We believe in helping investors reach a higher level of satisfaction. It's about customizing portfolios to suit specific investor needs. It's about employing agnostic and highly flexible investment styles to ensure clients are getting active risk management in ever-changing markets. And it's also about transparency, through responsive communications and exceptional customer service. Article content As an independently Canadian owned firm, our investors interests are at the forefront of everything we do. We value original thinking, discipline, honesty, integrity and excellence. We strive to deliver superior returns but believe the journey to achieve them should be every bit as rewarding. Article content This change reflects our commitment to growth and our vision for the future. The name 'Victory Hill Capital' embodies our dedication to achieving success for our clients and reaching new heights in the financial industry. It represents our strategic focus on delivering exceptional value and innovative solutions to our clients. Article content Please be assured that this name change will not affect our operations, services, or the quality of support you have come to expect from us. Our team remains the same, and we are more committed than ever to helping you achieve your financial goals. Article content We appreciate your continued trust and partnership. Should you have any questions or need further clarification, please do not hesitate to reach out to us. Article content About Victory Hill (Canada) Article content Victory Hill (Canada) has championed focused investments and strategies as an asset and portfolio manager, advises internally and sub-advises high net-worth private wealth clients, family offices, institutional and investment funds. As Private Wealth Portfolio Managers, Victory Hill (Canada) offers financial planning, estate planning and related financial services to our private clients and family office clients. Article content Article content Article content Article content Article content Article content

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