Middle East Wealth Management Forum 2020 - Highlights - Fadi Barakat

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1. What are the opportunities and challenges for this industry in the year ahead?

Video transcript

1. What are the opportunities and challenges for this industry in the year ahead?

Opportunities are really to capture the wealth of the region to try to service the smaller accounts, I would say; those that are underserviced by the larger banks. And by that, I mean the USD1 to USD5 million account where they still have a decent portfolio, need investment advice, but because they're too small in the JPs of this world or Credit Suisse, are being slightly left out. So for the smaller setups, like the multi-family office, independent asset managers, there's a good bunch of wealth to get these clients onboarded and give them a service.

 

 
 
 
 

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