BCG report: Asset management recovery begins on bumpy road for traditional players
After four years of stalled growth, the $62 trillion global asset-management industry has finally entered a recovery stage, but…
Wealth and Asset Management
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Bloomberg cancels its new wealth management product
For $100 a month, the service was expected to cater to individuals looking to track their investment portfolios - including…
The private fund group of Credit Suisse appoints London-based director
The private fund group of Credit Suisse appointed Mark McDonald as a London-based director. He will be responsible for the…
Fraud and cybercrime biggest non-investment risks to family offices
Sustainability, data loss, fraud and theft are among the top non-investment risks faced by private families and the offices that…
New Economic Study Reveals Global Built Environment Wealth Tops $193 Trillion
China could outpace USA as world’s wealthiest built asset nation by as early as 2014 UK and Europe lag behind…
Assets under management in ME and S Africa jump 13%
Total assets under management (AuM) and profits have nearly regained the levels both had reached before the financial crisis, according…
Abu Dhabi sell £2.2bn stake in Barclays
The oil-rich Gulf state sold a 6.3pc stake in Barclays last month, according to a regulatory disclosure that confirmed that…
Al Khaliji named ‘Best Premium Bank
Al Khalij Commercial Bank (al khaliji) has been named “Best Premium Bank” in the Middle East by the Banker Middle…
Wealth management platforms continue to evolve
Over the past year, Celent has witnessed an evolution in how the wealth management platform is defined. There is an…
Investment boutique looks to Gulf region for IFA partners
Harwood Capital, which was founded by former National Bank of Abu Dhabi Group CIO Alan Durrant and former F&C and…
DIFC Strengthens Core Emirati Team
Dubai International Financial Centre today announced the appointment of Nashwa Zakaria as Head of Marketing and Corporate Communications at…
UAE Billionaire NRI buys Indian Bank Stake
UAE-based Indian businessman M A Yousuf Ali has increased his presence in the Indian banking sector by purchasing a 4.47…