Emirates Islamic Shares 2017 Investment Outlook with Wealth Management Clients
Emirates Islamic, among the leading Islamic financial institutions in the UAE, recently shared the investment Outlook for 2017 with its riches management clients at special events in Abu Dhabi and Dubai titled: 'Dealing with Global Disruptors - Investment Outlook for 2017.' presented by Gary Dugan, Chief Financial investment Officer (CIO) for Emirates NBD, the investment overview focused on global highlights throughout 2016, along with financial investment areas, trends, digital disruptions and monitorings for the approaching year.
The event offered a platform to interact Emirates Islamic's global outlook and analysed key indications throughout the world economic climate and financial markets, based upon which investors and analysts make recommendations on financial transactions and investments.
Inviting the bank's High net Worth (HNW) clients to the occasion, Jamal Bin Ghalaita, Chief Executive Officer, Emirates Islamic said: "Riches Administration is just one of the key pillars of the banking proposal at Emirates Islamic, and we aim to provide customised wide range consultatory solutions to our clients with a detailed platform, backed by comprehensive knowledge in Islamic financing and substantial know-how in local and regional investments. The ongoing collaboration with global Islamic finance services service providers likewise encourages Emirates Islamic to offer added value to clients, and enables us to move better to our objective of ending up being the favored carrier of Shari'a certified wide range monitoring solutions in the region."
Dugan's discussion highlighted that there have actually been several disruptions to the global economic climate throughout the in 2015, thus developing challenges to viewed conventional knowledge. Pointing out events such as Brexit, US President Donald Trump's victory, the increase of Indian Prime Minister Narendra Modi and the launch of the Tesla Car as 'Global Disruptors,' Dugan claimed: "These political and technical occasions were major surprises to global financial markets, and have actually set off substantial changes in the appraisals of currencies and possession courses. Extra significantly, they have actually required investors around the globe to reassess their long-term investment techniques."
Explaining that the disruptions to conventional knowledge would probably continue through 2017, Dugan also used guidelines on exactly what this indicates for financial investments throughout different asset classes: "Provided the continuous unstable global economic and political environment, it is essential to buy countries and markets that use long term growth and worth. Our team believe for example, that fields like innovation and health care and countries like India deal loved one value in current atmosphere. As a basic concept, investments ought to focus on protecting funding, while at the very same time achieving reasonable profit levels."
"Gold remains to play a vital function for us. The yellow steel cost has actually continuouslied deliver returns and stays a key diversification component for investment profiles." he added.
The financial investment overview occasion remained in keeping with Emirates Islamic's vision to be a leading Islamic bank in the region. The bank has remained to build on its lasting partnership with customers, with a 'customer first' approach, which focuses on personalised financial solutions.
