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

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.

Over 50% of UAE residents have stopped or reduced saving due to the pandemic

The research also shows that women were much more likely to have lost their income and means of saving during the pandemic with 32% saying they had compared to 25% of male respondents.

Turkish Akbank named Western Europe’s 'best private banking unit' amid crisis

Keler stressed that Akbank is “delighted that our work transcends borders and is honored with this important award given across Western Europe.”

World’s Best Private Banks 2021: Middle East

Large, fast-growing institutions based in the region are building up their private banking capacities, testing global ambitions and preparing for a generational wealth transfer.

Sanguinity

A global reflation/risk-on trade and MSCI rebalancing led record quantum of foreign inflows into Indian equities.

Deloitte middle east family office survey: Positioning to thrive

The Deloitte survey finds that optimism has emerged as a dominant theme despite the ongoing challenges and risks which were identified

The Wait-and-See Rally That Did Not Wait

The regional breakdown of returns in world equity markets reveals a pattern of previous laggards catching up.

It's Only As Good As It Seems by Gary Dugan

All said the equity oil sector may see some profit taking in the near term.

Wealth management of tomorrow: Is it human or hybrid?

The advent of disruptive technologies may prompt futurists to predict the end of the traditional wealth management model

Arab billionaires' fortunes jump $11bln despite the pandemic - Forbes

The list was headed by Algerian billionaire Issad Rebrab & family, the world's richest Arab Nassef Sawiris, and Moroccan Aziz Akhannouch & family

New steps are needed to improve sovereign debt workouts

They have encouraged private lenders to follow suit—albeit with little success.

The Evolution of Wealth Management in the Middle East

Are wealthy clients remediating older structures, with the arrival of the CRS, economic substance and soon Mandatory Disclosure Rules?

Wealthy Gulf families are now taking lessons from kids on responsible investing

Environmentally sound investments now figure prominently in these decisions

How has the wealth management space fared in the GCC?

Similar to wealth, wealth management has gone through layers of evolution to become a specialised investment advisory service

Winning the awards is a clear recognition of QNB’s successful model to create greater value to its customers as it grows stronger thanks to its focus on customer experience in local and international markets

Wealth & Asset Management