awards
Global Scale and Local Expertise: Lombard Odier Sweeps Two GCC Wealth Briefing Awards
Local know-how in the Gulf region on top of the expertise of more than 200 Swiss-based investment professionals has proven to be a winning combination for Lombard Odier. That success was recognized at the GCC WealthBriefing Awards 2018, held on 7 November at the Palace Downtown hotel in Dubai, United Arab Emirates (UAE). Lombard Odier collected two prizes which reflect the power of our wealth management offering and the long-term success of our client-focused business model.
We were thrilled to be awarded the "Best Overall GCC Private Bank," a confirmation it was a successful strategic decision to invest in the Gulf Cooperation Council (GCC).
We were thrilled to be awarded the "Best Overall GCC Private Bank," a confirmation it was a successful strategic decision to invest in the Gulf Cooperation Council (GCC).
We were in part rewarded for our new Sharia discretionary mandate, which allows our clients to blend sukuks with conservatively selected equities and thematic funds, while adjusting allocations according to risk profiles.
Our long-standing presence in the Middle East stretches back more than 50 years, and our office in Dubai has served as a regional hub for more than a decade. This bridge between our Asian and European operations has doubled in size over the last five years, and results have followed the same growth curve.
In 2018, we've seen significant growth in assets. Investors can turn to our GCC booking centres for the whole spectrum of asset management and wealth planning services. We also help clients keep a finger on the pulse by sharing a schedule of upcoming “knowledge" events designed to help them navigate changing markets. This award, too, is a reflection of our global scale and local expertise, with our new Sharia discretionary mandate only the latest example of that combined expertise.
Finally, we were excited to be awarded "Best UAE Private Bank (International)" for our rethink everything approach and commitment to the region.
…we were excited to be awarded "Best UAE Private Bank (International)" for our rethink everything approach and commitment to the region
As a result, there has been strong interest from local private and institutional investors. Those investors will continue to be served well, with two more hires joining our Dubai office in recent months, including one UAE national. They join the many new hires who became part of the team in 2017.
At Lombard Odier, we greatly appreciate being recognized for our commitment to excellence in the GCC region, but, as always, our focus is fully on looking forward.
At Lombard Odier, we greatly appreciate being recognized for our commitment to excellence in the GCC region, but, as always, our focus is fully on looking forward.
As an agile bank, we're ready to adapt to changing conditions as we continue to deliver powerful, bespoke client solutions.
About WealthBriefing
WealthBriefing is a premier news, features and information source for the global wealth management sector. Areas of coverage include strategic and structural changes across the private banking and wealth management sectors, as well as fund management, compliance, tax, legal and regulatory developments. With teams based in New York, London, Singapore, Switzerland, South Africa and Malaysia, the company is currently one of the benchmark media groups in the financial industry.
Important information
This document is issued by Bank Lombard Odier & Co Ltd or an entity of the Group (hereinafter "Lombard Odier"). It is not intended for distribution, publication, or use in any jurisdiction where such distribution, publication, or use would be unlawful, nor is it aimed at any person or entity to whom it would be unlawful to address such a document.
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