Sarasin Group creates Sarasin-Alpen and Partners Ltd, Dubai

Sarasin-Alpen and Partners will initially create investment solutions in the GCC and MENA region for institutional investors as well as for high net worth individuals.

The Sarasin Group through its local representation Bank Sarasin-Alpen (ME) Ltd is already among the leading international firms to provide investment products in the region. The creation of Sarasin-Alpen and Partners Will further enhance the Group's possibilities to leverage the professional international asset management framework provided by Sarasin and Partners LLP, the London based specialist investment management firm of the Group.

The new company, Sarasin-Alpen and Partners LTD. is regulated by the Dubai Financial Services Authority. Starting out its activities, it will benefit of the existing dynamic performance of Bank Sarasin-Alpen (ME) Ltd. in the region. Its remarkable success story, driven by natural progression and an overriding determination to support the needs of Bank Sarasin-Alpen's increasingly sophisticated client base throughout the GCC and South Asia, has encouraged the Group to provide further specialized solutions, meeting investors' demand for a complete financial platform and integrated product solutions.

An impressive testimony of Bank Sarasin-Alpen's top level client service quality and the completeness of its solutions' portfolio are the two consecutive awards as "Best Private Bank in the Middle East", which it has been allocated during last and current year by the Banker Middle East.

The company will also look to bring Sharia compliant versions of existing and new Sarasin funds as well as construct several structured products which will offer features such as capital protection. The Asset Management division aims to deliver exceptional absolute and relative investment performance to its investors; to create and manage products designed to protect and build their wealth and to provide the highest level of support and service.

"Over the past years the Sarasin Group has been driving our growth in the region with enormous dynamism and determination. I am convinced that this new specialist asset management company, will make us even more attractive to investors and clients in and beyond the region." Says Fidelis M. Goetz, Head of the International Division of Bank Sarasin & Co. Ltd

"We are delighted to be able to deliver further asset management expertise to our clients. The joint venture for the Middle Eastern region with our London colleagues certifies to investors that all relevant skills are readily available inside the Sarasin Group." Comments Rohit Walia, CEO & Executive Vice Chairman of Bank Sarasin-Alpen (ME) Ltd.

Guy Monson, CEO of Sarasin & Partners LLP, London, added,

"At Sarasin & Partners LLP, we are very pleased to be able to contribute to the Group's success in the Middle East. It is a great service level improvement for Institutional investors in the region to be able to obtain the same high level asset management expertise in Dubai, Qatar, Oman or Bahrain, as in London."

Paul Cooper will be the Senior Executive Officer of Sarasin-Alpen and Partners LTD. Paul joined the Sarasin Group in 1991 and rose to become a Partner and Deputy Chief Investment Officer of Sarasin & Partners LLP. In this capacity, he chaired the London asset allocation committee.