JPMorgan deepens Gulf private wealth push with new Dubai office
The US banking giant more than triples Dubai private banking team as it steps up competition for wealthy clients and family offices across the Middle East...
Category : Wealth Management
Norway’s wealth fund, world’s largest, loses USD 30 billion as bond turmoil bites
The USD 2.3 trillion fund lost USD 29.7 billion in the Q3 as rising interest rates hurt bond investments and market volatility weighed on returns...
Norway’s USD 2.3 trillion wealth fund may open its doors to defence giants
A government-appointed panel has proposed easing restrictions on nuclear weapons manufacturers, potentially unlocking billions of dollars in investment...
UAE wealth to hit USD 6 trillion by 2030 despite Iran war jitters, says BCG report
BCG expects the number of ultra-rich residents to climb to 800 as property, financial assets and cross-border wealth underpin the UAE's growth...
London’s global wealth hub status takes USD 160 billion hit as super-rich leave UK
Property tycoon David Reuben, ranked second on this year’s 'Sunday Times Rich List' with his brother Simon, has moved from London to Monaco...
DBS and Avaloq expand 18-year partnership to accelerate Asia’s wealth growth
The strategic partnership will combine DBS' deep wealth and investment expertise with Avaloq's advanced technology for wealth management...
BlackRock eyes USD 100 billion GCC investment shift, infra and private markets to benefit
The governments have expanded spending on infrastructure, industry and digital assets while seeking to monetise or privatise state-owned businesses...
Norway’s wealth fund plans holdings cut worth USD 80 billion to US Treasuries
Norges Bank Investment Management wants to reduce government bonds in its portfolio and shift towards higher-yielding fixed-income assets...
Growhill Wealth launches ‘AI Workforce’ to power independent advisors across Asia
Growhill has already accelerated its expansion in Hong Kong’s USD 2.9 trillion wealth market. It will open a new location at One Peking Road in 2026...
Zurich-based EFG sells UK wealth management business Harris Allday to rival Canaccord
Harris Allday provides wealth management services primarily to affluent clients in the Midlands region of the United Kingdom...