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Email this article: GCC asset management industry poised to grow to the next level of sophistication
Posted: Tue April 24, 2012 3:29 pm
QATAR. A diversified asset management industry has emerged in the GCC over the last decade, according to a study conducted by Markab Advisory and sponsored by Qatar Financial Centre Authority.
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UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
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