Middle East - Bahrain: TAKAUD teams up with private bank on wealth management
Source: Middle East Insurance Review | Feb 2016
Bahrain-based savings, investment and pensions provider TAKAUD has signed an agreement with Swiss private bank Mirabaud to boost its wealth management offering to TAKAUD’s affluent clients in the GCC markets.
The partnership enhances TAKAUD’s investment platform with the addition of Mirabaud’s fund range, including some of the top performing flagship funds. 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.
Mr Olivier Honsberger, Mirabaud’s Dubai CEO, 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.”