Wealth Management Industry in Dubai

Money and asset management has become an essential service requirement in most countries across the globe . The traditional pattern of investing and savings has transformed dramatically over the past few years providing the investor with a wide range of alternatives that can suit his requirement . In face of such choices the investor needs to be guided towards products that will attract higher returns . Moreover , the hectic schedule of the wealthy individuals leave little time to concentrate on such matters and it is often feasible to hire the services of a wealth manager

who is experienced and knowledgeable about the market trends and can efficiently handle the client assets

In view of the above context the analyses the wealth management industry in Dubai that has emerged as a favoured destination for wealthy people who aim to multiply their wealth through lucrative investment tapping on the vast potential that this economy offers . The discussion provides an overview of the global wealth management industry accompanied by an analysis of the private banking sector and its involvement in wealth management services . The discussion relates to the following objectives of study

Analysing the characteristics of global wealth management and private banking sector highlighting the wealth management services offered by this sector

Research the wealth management industry in Dubai and how it compares to services offered in other countries across the globe

Highlight and focus on the government practices , policies , and regulations that have affected the wealth management industry in Dubai

1 .2 Aims of the research

The overall economic environment affects the mode of operation , product offerings , and brand positioning in any business venture . This applies to the wealth management industry too . Global banks are targeting the Dubai market owing to the great speculation and interest that has been triggered by the rising number of...