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REYL Finance MEA Awarded “Best Overall Fund Manager – Regional/Global Reach” by Wealthbriefing

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Categorized in: Company
Topic: AWD

GENEVA and DUBAI, United Arab Emirates, November 24, 2022 /CNW/ — REYL Finance MEA (part of the REYL Intesa Sanpaolo Group) is proud to have been honored with the “Best Overall Fund Manager – Regional/Global Reach” award at the annual WealthBriefing MENA Awards for Excellence 2022 ceremony held last night in Dubai .

REYL Intesa Sanpaolo logo

The WealthBriefing MENA Awards for Excellence are dedicated to celebrating excellence and rewarding achievement in the private banking and wealth management market in the MENA region. These are part of a global program of WealthBriefing and its sister publications WealthBriefingAsia and the Family Wealth Report, which includes all of the world’s leading wealth management centers.

Selected by a panel of regional and independent judges drawn from both private banks and trusted industry consultants, REYL stands out from its peers, recognizing both sustainable performance and innovation for the group. During the reporting period, a 40% stake in 1875 Finance was acquired by REYL Intesa Sanpaolo, a multi-family office and outdoor asset manager, enabling both entities to play an active role in the accelerated consolidation of the outdoor asset management industry worldwide. . REYL Intesa Sanpaolo has further strengthened its offering by launching several initiatives aimed at the massively affluent segment, including Asteria Investment Managers, its impact investment partner, and Alpian, a fully digital private bank. In March 2022, it appointed John Duncan as Chief Impact Officer to lead impact activities and align REYL’s operations with the global transition to a low carbon, resource efficient and socially inclusive development path.

The key to winning the award was a real collaboration between the business units and offices of REYL Intesa Sanpaolo. The judges were impressed by the innovative range of the winner with a focus on impact. REYL Intesa Sanpaolo continues to differentiate itself from its competitors by providing 360-degree management of clients’ personal and business assets across borders and sectors of activity.

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Nicholas Farah, CEO, 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. strengthens our strong reputation even further. And underlines why our customers trust us with their money. It is always nice to receive recognition from the industry and peers for the quality of service we provide and we look forward to this recognition increasing our visibility and driving further growth and success.

About REYL Intesa Sanpaolo
www.reyl.com

Founded in 1973, REYL & Cie is a diversified banking group with offices in Switzerland (Geneva, Zurich, Lugano), Europe (London, Luxembourg, Malta) and the rest of the world (Singapore, Dubai). It manages assets in excess of CHF 25 billion and employs more than 400 professionals. In 2021, it entered into a strategic partnership with Fideuram – Intesa Sanpaolo Private Banking, a leading European banking player, according to which Fideuram ISP acquired a 69% stake in REYL & Cie.

REYL & Cie develops an innovative approach to banking and serves clients of international entrepreneurs and institutional investors through the business lines Wealth Management, Entrepreneur & Family Office Services, Corporate Finance, Asset Services and Asset Management. It has further diversified its impact investing business by launching pure impact asset managers Asteria and Obium, and by incubating Alpion, an app-based aspiring Swiss bank, to serve hugely affluent clients. In December 2021, REYL & Cie acquired a 40% stake in 1875 Finance, a Geneva-based multi-family office and independent asset manager with more than CHF 12 billion in assets under management for retail clients. REYL & Cie Ltd is licensed as a bank in Switzerland and conducts its business under the direct control of the Swiss Financial Market Regulator (FINMA). Its subsidiaries are regulated by the FCA in the UK, the CSSF in Luxembourg, the MFSA in Malta, the MAS in Singapore, the DFSA in Dubai and the SEC in the United States.

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REYL Finance MEA is 100% owned by REYL & Cie. It was incorporated into the DIFC in 2015 and is regulated by the Dubai Financial Services Authority (DFSA). REYL Finance MEA is licensed to advise, manage and distribute collective investment funds and to provide fund administration services. As of October 2022, REYL Finance MEA has approximately USD 4 billion in assets under management.

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SOURCE Real Intesa Sanpaolo

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