Invesco partners with UAE wealth firm to create model portfolios

To fill ‘gap in the market for tried and tested investment solutions for international clients’

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Global asset manager Invesco has partnered with Abu Dhabi-headquartered wealth manager Secura International to provide model portfolio solutions.

Invesco will provide Secura with open-architecture model portfolios under its “Invesco Guided” suite of portfolios with a target of overall equity allocation aimed at fundamental risk tolerances.

The model portfolios, comprising both growth and income solutions, will be created and managed by Invesco’s Investment Solutions team.

Zainab Faisal Kufaishi, head of the Middle East and Africa and senior executive at Invesco, said: “Investors in the region, as across the globe, are facing challenging times. Inflationary pressures, geopolitical tensions and market volatility have brought about concerns for many when it comes to long-term wealth management.

“Our partnership with Secura provides a number of new, innovative investment options for investors looking to support their investment goals and succession planning needs.”

Sanjeev Chowdhury, senior executive officer of Secura International, added: “I am thrilled to be partnering with Invesco for model portfolio solutions and excited about what we can achieve in the region. There is a gap in the market for tried and tested investment solutions for international clients.”

Background

Secura International became fully operational in early July offering investment and wealth solutions to high net worths in the Middle East, Asia and Africa.

Regulated by Abu Dhabi Global Markets (ADGM) Financial Services Regulatory Authority, Secura recently launched its Global Advantage Plus plan to help international investors achieve their multi-generational wealth goals and wealth-transfer needs through broad investment options and diversified model portfolios.

Assets of the plan are held by an independent trustee from Jersey, regulated by the Jersey Financial Services Commission. Invesco’s model portfolio solutions will be offered through Secura’s investment platform.

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