Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Lombard Odier's ME head on doubling AUM, banker count and expat influx

The Swiss pure-play's Amer Malik talks to Citywire Middle East about the bank's plans to grow its bench and assets.

HSBC Unveils Private Banking AUM Target for MENA

The MENA region is currently the largest contributor to HSBC’s Swiss private banking unit.

US$ 4.4bn Of Private Capital Globally Is Set To Be Invested In Dubai’s Residential Property Market

Dubai has taken pole position as the most preferred emirate in the UAE for HNWI’s globally to purchase real estate.

Family offices increase allocation to fixed income in hunt for yield – UBS

Middle Eastern family offices still lean more towards real estate investments

UBS asset management leadership gets a refresh

The unit is undergoing streamlining, cost reductions.

DIFC fortifies position as preferred global hub for wealth and asset management firms

Total number of wealth and asset management firms surpasses 370 in the first quarter of 2024

Best Middle East wealth managers 2024

Part of the Spear's Wealth Management Indices 2024

Swiss private members club for ultra high net worth is landing in Dubai

The Club helps to envision the future, trains to become investors in startups and deeply connects rare individuals from Europe and the Middle East at unforgettable receptions

HSBC Global Private Banking presents “Growth with Purpose” event for women-led business leaders in Qatar

HSBC continues to support women entrepreneurs in turning their dreams and visions into reality

AC Bank redefines wealth management in the UAE

From advice to diverse investment opportunities, AC Bank's revolutionising private banking

Janus Henderson acquires NBK Wealth's private investment team

NBK Wealth's private investments team will join Janus Henderson as its new emerging markets private capital arm.

Deutsche Bank's Marco Pagliara on costs, cuts and Middle East collabs

The German private bank's new Asia head outlines the challenges of covering the market amid industry-wide cost-cutting and revenue contractions, and how he plans to focus on single-family offices.

Dubai's 120 richest families and individuals own $1trln in wealth

The emirate is home to 68,500 millionaires with at least $1 million in liquid assets and 206 centi-millionaires

SAB wins Euromoney’s ‘Best Private Bank in Saudi Arabia’ award for second time in row

This achievement reflects the bank’s continuous efforts in developing and delivering outstanding and innovative banking services to its clients.

The great generational wealth transfer

A roadmap for ultra-rich UAE families to set up family offices

The UAE is attracting HNWs – and wealth managers are following

Some 4,500 millionaires moved to the UAE in 2023.

StanChart ties up with Old Mutual for wealth platform

The partnership is looking to expand in the Middle East, Africa and Southeast Asia.

Egypt Post to establish $105.1mln asset management firm.

Ali added that the new company intends to launch new investment products in stocks, fixed-income instruments, and the establishment of investment funds of various types

Dubai-headquartered Hoxton Capital Management hits $1.6bn AUM

The company has grown to 300 staff, with offices in the UAE, UK, USA, Europe, Australia and South Africa

Bank Nizwa named Top Bank for Wealth Management in Oman at Cambridge Islamic Funds Awards

Accepting the accolade on behalf of the bank were Mr. Mohamed AlGhassani, Deputy General Manager Retail Banking, and Mr. Faisal Adawi, Head of Wealth Management and Sales

Wealth & Asset Management