In Market, I Seek Structure.
In Structure,
I Discover Clarity.
Chief Market Analyst — Billsas Securities Ltd Dubai / New York / Riyadh
As the Chief Market Analyst of Billsas Securities Ltd, Fahd Al-Hazmi brings over 25 years of institutional equity-market experience across the Middle East and the United States. His career spans senior roles in Saudi national banking, GCC capital-market strategy, and U.S. Wall Street equity research — covering energy, financials, telecom, and large-cap U.S. growth sectors.
Recognized for his deep command of market cycles, cross-regional capital flows, and long-term structural valuation models, he has advised on major listings, engineered multi-market equity portfolios, and guided institutional clients through periods of volatility with disciplined, data-driven insight.
At Billsas Securities, Fahd leads the firm’s global equity strategy framework, Middle East research architecture, and long-term value-growth allocation models — where macro structure meets quantitative clarity.
Born into a cross-cultural family with Emirati and American heritage, Fahd Al-Hazmi grew up shaped by Middle Eastern discipline and U.S. analytical thinking. His early training combined structured financial logic from his father — a senior official in Dubai’s Ministry of Finance — with academic rigor from his mother, a Boston-based educator dedicated to critical reasoning and structured expression.
Educated at the University of Texas at Austin (Finance) and Columbia University (Applied Finance & Securities Markets), and later earning the CFA charter and CMT qualification, Fahd built his career across major financial centers including Dubai, Riyadh, and New York.
From leading equity research at Saudi National Bank, to guiding GCC regional strategies at the Dubai Financial Market Research Center, and managing multi-billion-dollar U.S. equity portfolios on Wall Street, Fahd has become known for his mastery of market cycles, valuation structures, and cross-border capital flows.
Today, as Chief Market Analyst at Billsas Securities Ltd, he shapes the firm’s global equity strategy, long-term allocation models, and institutional research architecture — merging disciplined stock-market science with multi-market insight.
From Dubai to Wall Street
- 25+ years of equity-market research and institutional investment experience
- Former Equity Research Manager at Saudi National Bank
- Directed GCC regional strategies at Dubai Financial Market Research Center
- Managed U.S. equity portfolios scaling from $1.2B to $4.7B with 19.3% annualized returns
- Specialist in cycle-driven valuation models, sector rotation frameworks, and multi-market equity structures
- Joined Billsas Securities in 2022 as Chief Market Analyst, leading global equity-strategy development
Leadership Philosophy
Fahd Al-Hazmi believes that markets are not random — they are structured systems shaped by cycles, flows, and incentives. Through disciplined equity-market research, valuation modeling, and cycle-based sector frameworks, he transforms market complexity into coherent, long-term strategic insight.
His philosophy balances value foundations with growth dynamics, supported by risk-adjusted portfolio architecture that remains adaptive across cycles. By integrating U.S. market structure, Middle Eastern macro factors, and global capital-flow behavior, he ensures that strategy remains both data-driven and timely.
“Markets reward discipline, not prediction. My job is to understand structure, identify persistence, and convert long-term clarity into compounding performance.”
Equity Cycle Research
Understanding valuation cycles, sector rotation, and long-term earnings structures across U.S. and Middle Eastern markets.
Quantitative Market Frameworks
Data-driven equity modeling, factor-based analytics, and risk-adjusted portfolio architecture.
Multi-Market Capital Flows
Integrating U.S. market structure with GCC liquidity behavior to identify persistent, cross-regional investment themes.
Institutional Research Standards
Compliance-aligned methodologies, disciplined research structure, and transparent, repeatable analysis frameworks.