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

UAE gold prices soar by nearly Dh8 per gram in over a week

Latest rate is highest since August 2018

Middle East and North Africa: Wealth Shift

Rising fortunes in the Middle East are driving the private-banking market toward socially responsible investing, Islamic products and more digital tools.

In Israel, Millionaires are the New Normal

With the estimated personal wealth in Israel going up by 45% in the last decade, Israelis are now a premier target for global wealth management bankers

Rich keeping large chunk of their wealth in UAE

Some of these emerging trends relate to clients wanting to be closer to their bankers, prefer to deal with banks that have a full-service offering and there is a huge growing demand for credit and related services in the country.

Rich keeping large chunk of their wealth in UAE

More demand for lifestyle-related private banking services, private wealth solutions being witnessed

Utmost expands into the Middle East with Dubai licence

The Isle of Man-based company is now the second largest cross-border provider of unit-linked wealth management solutions in Europe, having doubled assets under management to €24bn over the last year.

Millenials Driving New Era of Investments with an Impact

According to a global report published this month, an overwhelming 97% of the Next Generation - either Gen Y or Gen Z - are interested in actively managing their family's investments.

Middle East and Africa 'the engine for growth' for global wealth managers

Private high-net-worth wealth in the region is expected to grow by 6 per cent annually until 2023, says a new study

Why high net-worth families in the Middle East are looking to Guernsey for private wealth solutions

A final word on demographics and global wealth trends.

Moving to a low-carbon future – why banks and companies need to step up by Bill Winters, Standard Chartered Bank

We’re making progress on understanding our contribution to climate goals, but cannot go it alone

Investors, central banks boost global gold demand

Central banks bought 145.5 tonnes of gold in first quarter, up 68 per cent on the same period in 2018 and representing the strongest start to a year since 2013

Kuwait richest in the world – No poverty, No forced unemployment

The report pointed out that “18 percent of the total population lives below income level of half the average.”

Solving the Corporate Actions Paradox – Reducing Risk, Increasing Efficiency whilst Improving Services

The industry response to this risk and complexity has been to establish best practice, but this has introduced the paradox that risk can be reduced, efficiency increased, and services improved, but rarely all together.

Schroders develops wealth tool for US bank’s global clients

Combines science of behavioural finance and investment education to improve choices for high net worths

Empowering women is critical for the world’s economy and people

If banks and financial supervisors increased the share of women in senior positions, the banking sector would be more stable too.

Hardly Anyone Is Too Poor to Share

A basic level of social protection is affordable nearly everywhere

Credit Suisse int'l private bank profits rise but EM stunts inflows

IWM's private bank serves wealthy customers in Latin America, Europe, the Middle East and Africa.

Many EMEA ultra-high net worth investors remain optimistic about global markets despite ongoing volatility

Like many of the ultra-high net worth clients we surveyed we’re also mostly positive on equities for 2019

Swiss private bank to receive a license to operate at Abu Dhabi Global Market

This marks the Bank's second location in the UAE, enhancing its presence in the country

Creating Impact—The Promise of Impact Investing

The report estimates that in public markets involving stocks and bonds, investor appetite could be as high as $21 trillion.

Wealth & Asset Management