Some of the world’s biggest investment firms and high-net-worth investors are attending the inaugural SuperBridge Summit in Dubai. They are eyeing opportunities in the one of the world’s fastest growing economies.
One of Japan’s largest investment firms with more than US$500 billion in assets under management (AUM) is confirmed to attend. It spearheads a major Asian presence at the event scheduled on 16-17 October 2023 at Dubai’s Museum of the Future.
Organizers say the event will gather more than 500 investors, business, government, policy and cultural leaders from 20 countries. They will discuss ways to accelerate investment and co-creation opportunities in untapped and underexplored markets.
Investment opportunities in developing economies
Moreover, SuperBridge Summit Dubai aims to intensify collaborations in the world’s largest and rapidly expanding economies. These include China, India, Indonesia, Vietnam, Brazil, UAE, Saudi Arabia, South Africa, and Nigeria. According to estimates, these economies will collectively contribute over 45 percent of the world’s GDP by 2050.
The two-day forum has confirmed a diverse international line-up of speakers seen for the first time in the Middle East. Among the high profile speakers include Dr. Tuan Le Anh, Chief Investment Officer (CIO), Dragon Capital, Vietnam. Takashi Maruyama, CIO, Asset Management One, has also confirmed to attend.
Joining more than 60 speakers from across the globe, Tuan and Maruyama will unlock the multifaceted investment value of cross-border capital allocation for the world’s estimated US$11.3 trillion worth of sovereign wealth funds.
Read: Mohammed bin Rashid launches Dubai Economic Agenda ‘D33’
Maruyama says cross-regional investments can play a beneficial role when building an investment portfolio. It can also help mitigate risks while offering opportunities for superior returns. “However, they do expose investors to divergent regulatory frameworks, cultural nuances, and geopolitical dynamics,” he said. “Global investors have long neglected Japan’s equity market despite the rally this year.”
“I am looking forward to presenting the case of investing in Japan at SuperBridge Summit in Dubai. I will deep dive into the due diligence and strategic considerations that investors need to look at before embarking on the cross-regional journey.”
AI initiatives on spotlight
In addition, SuperBridge Summit Dubai will connect world leaders under the theme of Connectivity, Liveability, Sustainability, and Investments in a New Global Economy.
Dr. Hongjiang Zhang, advisor to the Beijing Academy of AI in China, will sit on an executive panel unleashing AI for practical purposes in the real world.
Joined by prominent global AI leaders, Dr. Zhang’s session will highlight new research suggesting generative AI will generate $4.4 trillion in new value annually. This help will unleash a new wave of AI diffused productivity.
Dr. Zhang said the huge technological breakthrough in AI foundation models has catalyzed a new turning point in the third wave of this cutting-edge tool: “As a fundamental platform, the AI foundation model will become the next generation of super entrance, systematically promoting industries into new paradigms, and making critical contributions to the efficiency revolution in various industries,” said Dr. Zhang, pointing to pharmaceuticals as a prime beneficiary.
A pioneering initiative by KAOUN International, a subsidiary of Dubai World Trade Centre (DWTC), and the SuperBridge Council, the SuperBridge Summit Dubai is held in partnership with the 43rd edition of GITEX Global, the world’s largest and most influential tech event hosted in Dubai, attracting tech executives and investors from 170 countries.
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