REYL Finance (MEA), part of the REYL Intesa Sanpaolo group, is proud to have been awarded the “Best Overall Fund Manager - Regional/Global Reach” accolade at the annual WealthBriefing MENA Awards for Excellence 2022 ceremony held in Dubai last night.
The WealthBriefing MENA Awards for Excellence are dedicated to celebrating excellence and rewarding achievement in the private banking and wealth management market across the MENA region. These are part of a global programme run by WealthBriefing and its sister publications WealthBriefingAsia and Family Wealth Report, encompassing all of the world’s major wealth management centres.
Selected by a panel of regionally-based and independent judges drawn from both private banks and trusted advisors to the sector, the award sets REYL apart from its peers and recognises both continued achievements and innovation for the Group. The period examined saw the acquisition by REYL Intesa Sanpaolo of a 40% interest in 1875 Finance, a multi-family office and external asset manager, enabling both entities to play an active role in the accelerating consolidation of the External Asset Management sector globally. REYL Intesa Sanpaolo further strengthened its offering by launching several initiatives including Asteria Investment Managers, its impact investing affiliate, as well as Alpian, a fully digital private bank targeting the mass-affluent segment. In March 2022, it also appointed Jon Duncan as Chief Impact Officer, to lead impact activities and align REYL’s activities with the global transition to a low carbon, resource-efficient and socially inclusive growth path.
Key to winning the award was REYL Intesa Sanpaolo’s truly collaborative approach between business units and offices. The judges were impressed by the winner’s innovative range of funds with a focus on impact. REYL Intesa Sanpaolo continues to differentiate itself from its competitors by delivering 360-degree management of clients’ personal and corporate wealth across borders and activity segments.
Nicolas Farah, Chief Executive Officer of REYL Finance (MEA), said: “We have enjoyed a very successful track-record within the MENA region, with 7 consecutive years of growth in assets under management. Being awarded Best Overall Fund Manager further cements our strong reputation and underlines why our clients entrust us with their money. It’s always good to receive industry and peer recognition for the quality of service that we offer and we hope that this accolade will extend our visibility and bring with it further growth and success.”