Register | Forgot password?
Switch to Arabic
Monday, November 23 - 2009

National Bank of Dubai conducts seminar on regional investments and global diversification

  • United Arab Emirates: Tuesday, October 25 - 2005 at 13:31
  • PRESS RELEASE

'The Private Office,' the private banking services of National Bank of Dubai, joined forces yesterday with the Indian Business and Professional Council to host a seminar entitled 'GCC Equity Investments with a Global Perspective.'

Article continues below
  • Held at the Grand Hyatt Hotel, the seminar involved a comprehensive presentation, an interactive Q&A session and a networking dinner.
    Held at the Grand Hyatt Hotel, the seminar involved a comprehensive presentation, an interactive Q&A session and a networking dinner.
In an effort to reach out to members of the Non Resident Indian (NRI) and Indian Business and Professional Council (IBPC) communities in Dubai, the seminar focused on regional market performance in comparison to global investment opportunities. Comprised of interactive presentations compiled by National Bank of Dubai's experienced investment team, the seminar also provided investors with an insight into the local and GCC markets, emphasizing the ongoing importance of diversification in an investment portfolio.

"With the recent out performance of the GCC markets and the current boom in local equity, property markets and regional economies, the Middle East region has been witnessing exciting developments in the investment sector,"


stated Faranak Foroughi, Head of Private Banking, National Bank of Dubai.

"NBD firmly believes in the future of the region's investment opportunities and its market performance however NBD also reiterates a strong diversification message to investors."

Held at the Grand Hyatt Hotel, the seminar involved a comprehensive presentation, an interactive Q&A session and a networking dinner.
Also consider reading:
Log in to request more information from National Bank of Dubai (NBD)

Notes and media contacts

'The Private Office' - The Private Banking Services of National Bank of Dubai
With the establishment of 'The Private Office', NBD offers clients a tailored facility to professionally manage, grow, safeguard and diversify the future of family wealth, generation to generation, in a continuously evolving investment environment.

'The Private Office' has been involved in various regional investment initiatives and has been selected as co-lead manager for both issues of the Government of Iran Eurobond as well as co-lead manager of the landmark issue of The Government of Dubai Bond.

Teams of relationship managers and specialists in Dubai, London and Jersey ensure that clients' assets achieve maximum performance. Leveraging the resources of the Bank's global Alliance partners, the Bank's wealth management services extend across a range of key financial centers.

Moreover, 'The Private Office' launched the NBD Gulf Balanced Fund, the Bank's first in-house managed fund. The primary objective of the Fund is to seek capital growth by investing in a portfolio of GCC and regional equities, bonds and other securities issued by GCC governments and corporations. The Fund has been listed on the Dubai Financial Market.

'The Private Office' in collaboration with Russell Investment Group offers investors some of the world's leading 'manager of manager' funds. Clients of 'The Private Office' are able to access the Multi-Manager Solutions, a comprehensive solution based on an investment discipline that has been successfully used by wealthy individuals and many of the world's major institutional investors. The service gives clients the best of both worlds - asset allocation advice tailored to their needs and an expert fund manager selection implemented by Russell.

Disclaimer:

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions