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

Number of Middle East mega-millionaires rises due to gains in property, equities

Private fortunes expanded on the back of economic recovery, gains from asset classes

Jupiter Asset Management wins gold

Jupiter was recognised with a gold award in the Global Bonds category for its global flexible unconstrained fixed income offering

The investor paradigm is shifting – what’s next?

In 2020 and 2021 alone we made huge investments in our digital and client-facing solutions to enhance features such as digital on-boarding.

Wealth creation to fuel opportunistic Middle East capital

It is estimated that $6.5 billion of capital from GCC countries will target global outbound real estate investment opportunities in 2022

Investors are waiting for the right opportunity: UBS

UBS’ Investor Sentiment Survey found that UAE investors were concerned about the pandemic, rising healthcare costs and the global trade conflict

UBS Starts Shared Services Hub in Doha

The hubs provide centralized shared services to the bank in a variety of functions, among them finance, technology, human resources, operations, risk control, legal and internal audit.

Standard Chartered receives in-principle approval for its first branch in Egypt

This reflected positively on the overall Egyptian economy.

Hong Kong single family office expands to Dubai

Tsangs Group has launched a new office at the Dubai International Financial Centre.

SS&C Intralinks Predicts Sustained Growth for M&A in Q1 2022

“M&A markets are bound to keep pace with a record 2021.”

HSBC Private Bank Lures Record $3.2 Billion Into Alternatives

Bank raised $1.9 billion for alternative investments in Asia

The top 2022 priorities for family businesses in the Middle East

“Continued investment into digitisation and people has become paramount, as 21% of respondents are allocating more than 20% of their budget into digitisation over the coming years,”

UAE targets rich Africans to boost post-pandemic investments

The statement was released ahead of the Annual Investment Meeting (AIM) a platform the UAE government has traditionally used to market its opportunities to investors as well as enhance networks.

Global wealth manager in digital push

The Family Office Company is set to launch a new digital interface next month aimed at empowering clients and prospects with simulators, tools, and insights

Dubai-based Mondial debuts joint venture with French financial consultancy

"The biggest area of difference is in the handling of tax, where major savings and advantages can be gained through Buisson Mondial by investors with French based interests."

Century Private Wealth Launches Middle East's First Nasdaq Licensed Fund

The fund aims to outperform the Nasdaq 100 technology index through a blend of active and passive management. – by SUNIL SINGH

The Family Office partners with global asset managers to offer access to exclusive investment opportunities

After creating their investment portfolio, clients can monitor its performance through a groundbreaking digital platform

Swiss private bank unveils Abu Dhabi operation

ADGM has long established a competitive niche in being one of the most attractive, accessible and innovative centres that offers unique financial solutions and world-class investment services.

Julius Baer Invests in AI-Based Bank

The Israeli AI-based digital bank has secured investments led by renowned Swiss wealth management group Julius Baer, Japanese financial conglomerate SBI, and china-based technology company Tencent Prof. Shashua: “This vote of confidence in our visio

UBS chief investment office stops coverage of U.S. dollar-Turkish lira pair

UBS is the largest wealth manager globally and its Global Wealth Management unit had invested assets of $3.2 trillion as of the third quarter 2021.

Bank Muscat wins Best Private Bank

This prestigious award reflects the consistency of performance, innovative strategies and the highest standards of professionalism achieved by the bank.

Wealth & Asset Management