With the Middle-East nation located between Europe and Asia, it helps both regions by being a connectivity corridor, a family office industry executive tells AsianInvestor.
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Succession planning is becoming an increasing priority for leading family offices and their advisors, according to discussions at the Sovereign Wealth Fund Institute’s Global Wealth Conference in London.
Optimism greeted news that Saudi Arabia aims to open its equities market to foreign investors next year. Amid the surge, managers are talking up the prospects of Qatar and UAE.
Asset managers in the Middle East and North Africa are mulling expanding both regionally and further afield, according to a recent survey.