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

Workplace Stress During COVID-19: 5 Ways to Support Your Employees’ Mental Well-being

Taking care of your mental well-being is essential to staying healthy, staying resilient and moving your business forward.

What is a top consideration for wealthy families from the Middle East?

In November last year, the UAE also changed some of its laws to allow for more liberal living.

Covid-19 One Year On: Exposing Inefficiencies Towards a New Paradigm in Wealth Management

After almost a year living and working under the “pandemic siege”, we can now see how financial institutions have responded to these issues.

The ultra rich are lining up to pay $55,000 to fly in a private jet to the UAE or India and get the Covid vaccine way before all of us

For $55,000 members can turn the life-saving vaccination process into a part of a lifetime by enjoying first-class flights on Emirates and accommodation in a villa with a pool, a personal chef, and household staff as well as the vaccine.

Women add $5trln to global wealth and control 32% of wealth: Experts

Women entrepreneurs add $5trln to global wealth pool every year and currently control 32% of the global wealth: Boston Consulting Group

President Biden - And Now For Something Completely Different

As much as putting money into people’s pockets is essential, they also have to have the confidence to spend it. Hence the stimulus programme must work in tandem with the rollout of the vaccine.

Citi UAE’s wealth clients to quadruple by 2025

With the further investment in our platforms and talent pool, the expanded clientele will be able to book and manage their wealth across multiple jurisdictions through a single universal relationship manager.

Citi Unifies Global Wealth Management Business

“Citi Global Wealth” to Deliver Full Spectrum of Products and Services Globally

Guardian WM is reborn as Skybound WM

International financial advisory firm Guardian Wealth Management has unveiled its new name, Skybound Wealth Management, following the company's acquisition by the Skybound Capital Group.

Most UAE residents would choose to invest spare cash in property

“Investing can be nerve-wracking but just remember to make a plan and stick to it. If you need support, then a financial adviser is well placed to help you think clearly about whether you should be investing and in what.”

Silver Linings Even in Adversity

Economists who had only recently been increasing their forecast for fourth-quarter global GDP growth are now cutting back their forecasts for the first half of 2021.

Geneva boutique to launch Sharia trade finance fund

The group said it was launched in response to growing demand from GCC investors.

Citigroup’s UAE Wealth-Management Unit Plans to Triple Assets

As part of the strategy, Citibank UAE is targeting to quadruple the number of affluent clients in the country, the company said in an emailed statement.

HSBC plans to make UAE a global wealth management hub

Bank to double assets under management over three years

UAE roadmap to regulate family-owned businesses

In August last year, Dubai issued a law regulating family-owned businesses in the emirate to help protect family wealth

Review of Asset Market Returns for 2020

There were wide disparities at the sector and regional level as the combined effect of policy support and virus damage made for some big winners and big losers alike.

Lessons from 2020

Academics have argued for years that the US is past its best.

Russo Brothers Received Close to $50 Million From Saudi Bank (EXCLUSIVE)

Many Hollywood entities, from the Walt Disney Co. to Live Nation, have received significant investment from sources that include the sovereign wealth fund in the Middle Eastern kingdom.

At Banque Havilland, Abu Dhabi’s Crown Prince Was Known as ‘The Boss’

A private bank in Luxembourg provided special treatment, including advice on how to attack Qatar’s financial markets.

Just One Third of Global Asset Managers Have Completed Their Digital Transformation Projects

The survey highlighted that the majority (84%) of asset managers have lost investors to digital-first disruptive competitors in the previous 12 months.

Wealth & Asset Management