Wealth Management
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Equities back in favour for sovereign investors in third quarter
Sovereign investor inflows to global enhanced equity funds -- which are actively managed -- reached $1.05bln, their largest since the fourth quarter of 2017.
Reuters News
UAE property insights: Removing upper age limit for mortgages could spur demand
A circular was issued by the UAE central bank in October remove the maximum age limit requirement as at the time of last repayment.
ZAWYA
Bill Gates’ energy ventures have 50% success chance, still he supports innovations
The world’s richest man said he would be interested in collaboration with the UAE in renewable energy sector
WAM (Emirates News Agency)
Kuwaiti investments in Belgium record $823mln
Kuwait Petroleum Corporation owns 404 fuel stations in the European country
Mubasher
China-Bahrain venture fund targets Middle East tech market
The fund is the first venture capital project between Chinese and Gulf money
Reuters News
Sustainable investors face squeeze as larger firms move in
New money has largely gone to top asset managers like BlackRock Inc and Vanguard Group
Reuters News
Remittances of Filipino expats in Kuwait increased by $77.7mln
Remittances saw an increase of 16% when compared to the remittances of $482.5mln during the same period last year
Arab Times
Wealthy investors worried about 2020 but optimistic about future: UBS
Two in three global investors believe markets now are driven more by geopolitical events than business fundamentals
ZAWYA
Billionaire-controlled firms return almost twice average market potential
Globally, the strong dollar and volatile equity markets saw billionaire wealth decrease to $8.5 trillion after five years of growth
The Saudi Gazette