09/11/2018
Wealth management by algorithm
Sarwa combines technology and human advice to make investing easy
Wealth & Asset Management
09/11/2018
Ultra-rich in the Middle East to rise 28% by 2022
“There has been a stabilisation in the growth of ultra-wealthy individuals,” said Winston Chesterfield, director of custom research at wealth data specialist Wealth-X.
09/10/2018
DIFC witnesses continued growth for Wealth and Asset Management firms
More than 200 asset management companies and specialist global advisors are now registered in the Centre, with over 60 significant funds domiciled in DIFC.
09/10/2018
State Street opens 2nd UAE office in Abu Dhabi
As a result of this optimism, 75 per cent foresee growing inflows into Gulf Cooperation Council (GCC) domiciled funds over the next five years.
09/06/2018
ibq wins "Best Private Bank" award from Global Banking & Finance Review in London
'Best Private Bank' Award reception was held at the London Stock Exchange Studios in London, UK
09/06/2018
New Report Reveals World’s Ultra Wealthy Population Growing at Nearly Four Times the Rate of Previous Year
This is a sharp acceleration from 2016, which saw only 3.5% growth of this population, reflecting more favorable conditions for wealth creation, despite volatile geopolitics.
09/05/2018
Investcorp acquires minority stake in top Swiss bank
The investment from Investcorp will provide PB with additional support to advance its growth strategy, enabling the bank to further broaden and enhance its commercial offering to clients, it stated.
08/30/2018
Famous Greek-Australian Chef to Create Dishes for Qatar Airways
The new choices of the menu will be introduced gradually, commencing with the route from Doha to Perth, Sydney and Adelaide, with Melbourne being the immediate next destination to include the brand new delicacies.
08/27/2018
Managing Wealth
With markets riding high and uncertainty growing, wealth management matters more than ever. Six experts offer their views on all things wealth related
08/15/2018
How Lombard Odier got into the Islamic investment space
Islamic Business & Finance sits down with Arnaud Leclercq, Limited Partner at Lombard Odier Group about the launch of a certified Shari’ah-compliant mandate aimed at GCC individual investors.
08/14/2018
Credit Suisse Is Splitting Its Main Wealth Unit Into 7 Regions
An announcement about the split, dubbed “Project Momentum,” could come as early as this week, the people said.
08/13/2018
Noor Bank Launches Noor Wealth for High Net Worth Individuals
Moreover, dedicated and specially trained Noor Wealth relationship managers enable clients to build investment portfolios based on their risk appetites and financial goals.
08/13/2018
Qatar set to be knocked off its position as richest country in the world
The wealth gap between the two places is also expected to widen beyond 2020
08/08/2018
Millennials warm up to buying property in Dubai
Lewis Allsopp, CEO of Allsopp & Allsopp, attributes this to two reasons - affordability and mentality.
08/07/2018
Dubai and Singapore wealth manager plans fund re-domicile
Boutique wealth manager plans to bring its Bahamas-domiciled fund to Singapore
08/01/2018
Credit Suisse applies for Saudi banking licence
“I have been to Riyadh, I met the head of SAMA [the Saudi Arabian Monetary Authority], I made the application myself,” Reuters quoted Thiam as saying in response to a query made during a news conference.
07/31/2018
Standard Chartered profits jump despite rising digitising costs
Our improved performance was delivered against a backdrop of continued global economic growth, with strong trade flows and investments and US interest rates continuing to normalise.
07/31/2018
Oman hires Standard Chartered to raise as much as $1.2b
To finance infrastructure at the country’s Duqm Special Economic Zone
07/30/2018
Global Economy likely to continue rewarding Stock Tilted Investment Portfolios - Barclays
The Q3 2018 Compass report kept a tactical overweight position in Developed Markets Equities, with the preferred developed region to invest in being Continental Europe, and with some exposure to Japan to enhance diversification.
07/25/2018
Private Wealth in Oman Expected to Grow 7% Annually in Next 5 Years
According to the BCG report, personal wealth in the Middle East region rose 11 per cent to US$3.8tn in 2017, a significant increase compared with the CAGR for the previous five years.