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

Northern Trust AM Aims to Double International Revenues

Northern Trust Asset Management had $31.7bn in assets under management in quantitative strategies as of 30 September 2023, out of a total $1.09 trillion.

Standard Chartered Presents 2024 Market Outlook to Hundreds of High-Net-Worth Clients

Over the next few weeks, the Bank will reach out to 5,000 clients with over 20 planned events in markets

UAE consolidates its position as a global private wealth hub

UAE Foundations’ boom has no bust in sight: 1,000 Foundations and counting

Bank Muscat Awarded The Best Private Bank Award 2024 by Global Finance

The award sheds light on the high professional standards achieved by the Bank, in accordance with international standards and practices.

Former Vontobel star is now focusing on the Middle East

What convinced him about the region were the business-friendly approaches of the local governments and their plans to break away from their dependence on oil.

Emirates NBD digital wealth platform offers choice of more than 232 mutual funds

Funds are managed by leading global asset managers including Emirates NBD Asset Management, BlackRock, Fidelity and Pimco

Asia Wealth Managers Opening Offices in Dubai

Dubai’s financial ecosystem and business-friendly rules are attracting more foreign businesses.

Arabian Dreams: UBS Bolsters Middle East Presence

The breadth of experience of these executives suggests UBS has opted for an aggressive expansion strategy into the region.

EFG Wealth Management Israel CEO: “This is a country that is eternally optimistic”

CEO of EFG Wealth Management Israel, Joseph Wolf, spoke to CTech at Calcalist’s 2024 Forecasts event about the resilience of the Israeli economy.

ADIB-Egypt introduces personalized Shariah-compliant private banking services for high-net-worth clients

ADIB-Egypt’s vanguard Shariah-compliant private banking proposition redefines wealth management standards

Emirates Family Office Association announces strategic partnership with government of Bermuda

UAE’s sole association for family offices to strengthen industry ties across UAE and Bermuda

Island’s partnership with United Arab Emirates praised

The memorandum of understanding signified “a shared ambition between the EFOA and the Government of Bermuda to strengthen cross-border ties between family offices registered in both jurisdictions”.

Farro Ventures to set up wealth management, international mobility offices in Dubai

The Farro Capital and Farro & Co offices will be under the DIFC and IFZA jurisdictions

Sohar International awarded ‘Best in Class Wealth Management and Advisory Services'

At the renowned Signature Luxury 100 Awards

FAB Private Banking launches fund to support UN Sustainable Development Goals

FAB SDG Fund targets investments that address social and environmental challenges

Egyptian billionaire Nassef Sawiris to move family office to Abu Dhabi

Mr Sawiris intends to redomicile his NNS Group in the ADGM

UBS Billionaire Ambitions Report 2023: The great wealth transfer

For the first time in nine editions of the report, billionaires have accumulated more wealth through inheritance than entrepreneurship, indicating that the great wealth transfer is gaining momentum

Expat investors to drive growth of SJP's Dubai wealth business, says COO

UK wealth manager St James’s Place opened its third international office and first in Dubai to cater to the growing expat population in the UAE.

Julius Baer 2023 family barometer

‘Rising Generation’ are willing to take bigger risks and sets clear expectations towards their wealth advisors

Expats in the UAE: understanding the new tax residence rules

It was suggested that they had not truly moved their life and were not spending enough time there.

Wealth & Asset Management