Lombard Odier eyes office in DIFC
Swiss private banking giant said it is in the process of obtaining a licence to set up in the centre
Middle East
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PEOPLE MOVES: EFG Int’l, Old Mill, Omnis Investments
Financial services group names CEO of private bank, as wealth manager makes c-suite change
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16% of asset and wealth managers globally will disappear by 2027
Assets managed by robo advisers will reach $5.9trn in four years
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PEOPLE MOVES: Blacktower, Platform One, M&G Wealth
Advice company names joint managing director, as platform hires COO
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ADGM rolls out sustainable finance regulatory framework
It encompasses rules on investment funds, managed portfolios and bonds as well as requirements for ESG disclosures
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PEOPLE MOVES: One Four Nine Group, Morningstar, Newton
Advice group names CEO, as financial services giant makes c-suite change
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AllianceBernstein receives approval to open Dubai office
Middle East has been an ‘important region’ for the investment firm for a number of years
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PEOPLE MOVES: Utmost Wealth Solutions, T Rowe Price, Rothschild & Co
Insurance provider names head of sales for France, as international CEO retires from asset manager
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Global financial wealth shrinks for first time in 15 years
But decline expected to be short-lived with a 5% rebound predicted
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PEOPLE MOVES: Aviva Investors, Fairstone, Standard Life
Asset manager and advice firm make c-suite changes
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Dubai wealth market is an ‘exciting place’, says SJP COO
As he admits ‘I don’t think it’s a secret that we did some work in 2015 looking at the UAE as an opportunity’
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PEOPLE MOVES: AssetCo, Bravura Solutions, SS&C Hubwise
CEOs to leave wealth consolidator and tech firm