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

Shake-up at Luxembourg’s Qatar-owned Quintet bank

Private lender has implemented wide-ranging corporate restructuring

UBS makes sustainable investments the preferred solution for clients of its USD 2.6 trillion global wealth management business

UBS is the first major global financial institution to recommend sustainable over traditional solutions for private clients investing globally

Sanctum Wealth: The Great Disconnect

Effectively, markets now stand assured that Fed will hold off hikes even if inflation spikes beyond 2% temporarily and hence, rates will stay lower for longer (consensus is until 2023).

Wealth management gets digital intervention

But best option for the future will be to mix it up with human element

HSBC teams up with Pollination for 'natural capital' venture

Aim to launch $1bln real assets fund by middle of 2021

Sanctum Wealth: Fuzzy Markets

The market senses that economic activity could be losing momentum.

Global dividends plunge by $108bn during Covid-19 crisis

Study of world’s largest 1,200 companies reveals biggest quarterly drop since records began

Gold could head as high as $3,400, VanEck CEO says as metal pulls back from records

“We became really bullish last summer when gold broke out of its six-year sort of sideways market, and then the other technical confirmation happened when it went to all-time highs a month or so ago,” van Eck said Monday on CNBC

Look for Value in True Growth or Solid Dividends

Over the longer term, we completely accept very low interest rates are a boon for true growth stocks such as tech companies, but we should not forget emerging markets.

Bank of Singapore expands Middle East footprint

It has had a presence in the region since 1996

Mideast family businesses should focus on succession planning, wealth transfer

Families in the Middle East tend to be large - their size is on average double that of UK and US families

Bank of America targets $3,000/oz as gold shatters price record

The prediction comes after the precious metal passed the $2,000 mark for the first time.

How To Understand The Family Offices Of The GCC

With new financial centers, such as Abu Dhabi’s ADGM, launching in the region, the Middle East continues to emerge as an increasingly important global center for wealth management.

Gold rises above $2,000 mark on stimulus bets, weaker dollar

Spot gold was up 0.2% at $2,022.42 per ounce by 0032 GMT

Gold/Silver: the early stages of a long-term bull market

Despite the impressive 30% rally for gold and 70% rally in silver from the March lows, the precious metals are likely still in the early stages of a long-cycle bull market.

Challenging times for wealth management

Private investors and family offices are receiving negative news on a regular basis from their financial advisers and there is a misleading amount of contradictory advice as to the most appropriate course of action and risk minimisation strategy.

UAE gold jewellery demand drops in Q2

WGC data shows bling sales almost halves; bars and coins decline at slower pace

UAE investors eyeing up sustainable opportunities

Latest survey from Standard Chartered revealed 90% are keen on green investments

Goldman Sachs hikes 12-month gold price forecast to $2,300

The surge in gold prices is being driven by a potential shift in the U.S. Fed towards an inflationary bias to account for political tensions and an expectations that coronavirus infections will rise, says Goldman

Higher for longer gold prices

Doing so would require that central banks signal higher tolerance for inflation and an ability to stop interest rates from following it upwards.

Wealth & Asset Management