Friday, December 9, 2022

REYL Finance MEA awarded “Finest General Fund Supervisor

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Geneva and DUBAI, UAE, Nov. 24, 2022 /PRNewswire/ — REYL Finance MEA (a part of the REYL Intesa Sanpaolo group) is proud to have been awarded the “Finest General Fund Supervisor – Regional/World Attain” accolade on the annual WealthBriefing MENA Awards for Excellence 2022 ceremony held in Dubai final evening.


REYL Intesa Sanpaolo Logo

REYL Intesa Sanpaolo Emblem


The WealthBriefing MENA Awards for Excellence are devoted to celebrating excellence and rewarding achievement within the personal banking and wealth administration market throughout the MENA area. These are a part of a worldwide programme run by WealthBriefing and its sister publications WealthBriefingAsia and Household Wealth Report, encompassing the entire world’s main wealth administration centres.

Chosen by a panel of regionally-based and impartial judges drawn from each personal banks and trusted advisors to the sector, the award units REYL aside from its friends and recognises each continued achievements and innovation for the Group. The interval examined noticed the acquisition by REYL Intesa Sanpaolo of a 40% curiosity in 1875 Finance, a multi-family workplace and exterior asset supervisor, enabling each entities to play an energetic position within the accelerating consolidation of the Exterior Asset Administration sector globally. REYL Intesa Sanpaolo additional strengthened its providing by launching a number of initiatives together with Asteria Funding Managers, its impression investing affiliate, in addition to Alpian, a totally digital personal financial institution concentrating on the mass-affluent section. In March 2022, it additionally appointed Jon Duncan as Chief Impression Officer, to steer impression actions and align REYL’s actions with the worldwide transition to a low carbon, resource-efficient and socially inclusive development path.

Key to successful the award was REYL Intesa Sanpaolo’s really collaborative strategy between enterprise items and places of work. The judges had been impressed by the winner’s progressive vary of funds with a give attention to impression. REYL Intesa Sanpaolo continues to distinguish itself from its rivals by delivering 360-degree administration of purchasers’ private and company wealth throughout borders and exercise segments.

Nicolas Farah, Chief Government Officer of REYL Finance MEA, stated: “Now we have loved a really profitable track-record throughout the MENA area, with 7 consecutive years of development in property beneath administration. Being awarded Finest General Fund Supervisor additional cements our sturdy repute and underlines why our purchasers entrust us with their cash. It is at all times good to obtain business and peer recognition for the standard of service that we provide and we hope that this accolade will lengthen our visibility and produce with it additional development and success.”

About REYL Intesa Sanpaolo

Based in 1973, REYL & Cie is a diversified banking group with places of work in Switzerland (Geneva, Zurich, Lugano), Europe (London, Luxembourg, Malta) and the remainder of the world (Singapore, Dubai). It manages property in extra of CHF 25 billion and employs over 400 professionals. In 2021, it entered right into a strategic partnership with Fideuram – Intesa Sanpaolo Personal Banking, a number one European banking participant, pursuant to which Fideuram ISP acquired a 69% stake in REYL & Cie.

Creating an progressive strategy to banking, REYL & Cie serves a clientele of worldwide entrepreneurs and institutional traders by its Wealth Administration, Entrepreneur & Household Workplace Providers, Company Finance, Asset Providers and Asset Administration enterprise traces. It has additional diversified its actions within the areas of impression investing, by the launch of pure-play impression asset administration agency Asteria and Obviam, and of digital banking for mass prosperous purchasers through the incubation of Alpian, an app-based aspiring Swiss financial institution. In December 2021, REYL & Cie acquired a 40% stake in 1875 Finance, a Geneva-based multi-family workplace and impartial asset supervisor with over CHF 12 billion of property beneath administration for personal purchasers. REYL & Cie Ltd is licensed as a financial institution in Switzerland and performs its actions beneath the direct management of the Swiss Monetary Market regulator (FINMA). Its subsidiaries are additionally regulated by the FCA within the UK, the CSSF in Luxembourg, the MFSA in Malta, the MAS in Singapore, the DFSA in Dubai and the SEC in the USA.

REYL Finance MEA is 100% owned by REYL & Cie. It was included within the DIFC in 2015 and is regulated by the Dubai Monetary Providers Authority (DFSA). REYL Finance MEA is licensed to advise, handle and distribute collective funding funds in addition to present fund administration companies. As of October 2022, REYL Finance MEA manages circa USD 4 billion of property.


SOURCE REYL Intesa Sanpaolo

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