Panel discussion - Is the UAE on Track to Become a World-Class Wealth Management and Wealth Structuring Centre?

Dave Lange of Trident Trust

Sep 25, 2023

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  • Where does the UAE stand on the world stage as a private wealth management and structuring centre?
  • What particular competitive advantages does the UAE offer private clients compared to other major offshore centres?
  • Is the UAE relevant to both local Middle Eastern and also for international private clients?
  • Is the regulatory environment keeping pace with the growth in AUM and rising client numbers? What needs to change?
  • Do Clients want to book assets in the UAE and are the banks leading or following?
  • Is wealth planning & structuring expanding robustly and where is the demand coming from?
  • Is there a sufficiently deep ecosystem of professional local, regional and international private banks, EAMs, and MFOs?
  • Is the Single-Family Office market on track to develop further and is the UAE attracting only local or also international UHNW families?
  • Is there a sufficiently deep ecosystem of legal and fiduciary expertise?
  • Are there enough experienced Private Wealth Professionals/Advisors? What can be done to boost and enhance the talent pool?

Chair

Dave Lange
Senior Executive Officer
Trident Trust

Panel Members

Damian Hitchen
Chief Executive Officer, MENA
Saxo

Tim Denton
Executive Vice President, Head of Wealth Structuring
Habib Bank AG Zurich

Karim Ghandour
Founder and CEO
Legacy Line Family Office

Asghar Abid MSc, TEP
Executive Director, Head of Wealth Planning - DIFC Dubai
Bank of Singapore

 

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