London, United Kingdom - 3 February 2015: The Public Crowdfunding Offer for Gulf Wealth Management Limited ("GWM") begins this week at Seedrs in the UK (www.seedrs.com/startups/gulf-wealth-management).
Regulated by the UK Financial Conduct Authority ("FCA"), Seedrs (www.seedrs.com) is among the Europe's market leading online crowdfunding platforms that allows general public, affluent individuals, angel investors and venture capital firms to discover and invest in high potential start-up businesses.
Two weeks ago, Bahrain-based Gulf Ventures Corporation ("GVC") announced that it acquired an 8.3% stake in GWM as part of the Company's private round of fundraising prior to its planned Public Crowdfunding Offer in the UK.
GWM is the first digital wealth management e-commerce platform focused on the investment needs of GCC investors. GWM's objective is to link through an online platform the high net worth, affluent and mass affluent individuals in the GCC region with first class international institutional asset managers. Somewhat akin to Alibaba which was inspired by eBay but modified for the Chinese market, the GWM initiative modifies for the GCC region a successful e-commerce business model as exemplified by Hargreaves Lansdown and Nutmeg in the UK, and Wealthfront in the USA.
George Robb, a former Chairman and Group CEO of Aberdeen Asset Management in the UK, and the non-executive Chairman of GWM, said: "GWM's Public Crowdfunding Offer is an opportunity for everyone, from small investors to business angels and venture capital firms, to own a small stake in the fastest growing segment of wealth management business that is predicted by industry experts to disrupt the traditional wealth management business in emerging markets."
© Press Release 2015
