Takaud, Mirabaud to expand wealth management services
MANAMA, December 21, 2015
Takaud, a specialist savings, investments and pensions provider for the Mena region, and Mirabaud (Middle East) Ltd, associated with Mirabaud & Cie SA, one of the oldest and most distinguished Swiss private banks, have announced the signing of a business partnership that will see both partners join forces to provide Takaud’s affluent clients in the GCC markets with a richer and appealing wealth management offering.
The partnership will enhance Takaud's investment platform with the addition of Mirabaud fund range, including some of the top performing flag-ship funds, said a statement.
Furthermore, the two institutions will work closely to develop new investment solutions in the area of wealth management and corporate retirement services to better serve Takaud's clients throughout the region.
Following the signing, Takaud has received a delegation from Mirabaud for a workshop to introduce the Mirabaud’s approach to wealth management and advisory offering the investment solutions universe with the attendance of seasoned fund managers, and discussed areas where a differentiated added value can be offered to Takaud's clients in various segments.
Luc Metivier, Takaud's chief executive officer, said: “Mirabaud is a first class international private bank with a long history. The newly signed partnership with their fully owned subsidiary in Dubai Mirabaud (Middle East) signifies Takaud’s great momentum and potential as the regional ‘go-to advisor’ for savings, pensions and wealth management solutions.”
Olivier Honsberger, Mirabaud’s Dubai chief executive officer, said: “The Middle East’s wealth management industry is entering a period of rapid development, as people increasingly seek better investment solutions and personalised banking services.
"To meet the demand of Takaud's regional clients for diversified wealth management solutions, we will be placing the entire range of Mirabaud funds on Takaud’s platform supported by our investment philosophy, thus significantly expanding the universe of investment options available to their clientele, in terms of asset classes, currencies, sectors and geographies.” - TradeArabia News Service
