REYL Finance MEA awarded "Best Overall Fund Manager – Regional/Global Reach" accolade by WealthBriefing

REYL Intesa Sanpaolo



GENEVA and DUBAI, UAE Nov. 24, 2022 /PRNewswire-AsiaNet/ --


REYL Finance MEA (part of the REYL Intesa Sanpaolo group) is proud to have been

awarded the "Best Overall Fund Manager - Regional/Global Reach" accolade at the

annual WealthBriefing MENA Awards for Excellence 2022 ceremony held in Dubai

last night.


The WealthBriefing MENA Awards for Excellence are dedicated to celebrating

excellence and rewarding achievement in the private banking and wealth

management market across the MENA region. These are part of a global programme

run by WealthBriefing and its sister publications WealthBriefingAsia and Family

Wealth Report, encompassing all of the world's major wealth management centres.


Selected by a panel of regionally-based and independent judges drawn from both

private banks and trusted advisors to the sector, the award sets REYL apart

from its peers and recognises both continued achievements and innovation for

the Group. The period examined saw the acquisition by REYL Intesa Sanpaolo of a

40% interest in 1875 Finance, a multi-family office and external asset manager,

enabling both entities to play an active role in the accelerating consolidation

of the External Asset Management sector globally. REYL Intesa Sanpaolo further

strengthened its offering by launching several initiatives including Asteria

Investment Managers, its impact investing affiliate, as well as Alpian, a fully

digital private bank targeting the mass-affluent segment. In March 2022, it

also appointed Jon Duncan as Chief Impact Officer, to lead impact activities

and align REYL's activities with the global transition to a low carbon,

resource-efficient and socially inclusive growth path.


Key to winning the award was REYL Intesa Sanpaolo's truly collaborative

approach between business units and offices. The judges were impressed by the

winner's innovative range of funds with a focus on impact. REYL Intesa Sanpaolo

continues to differentiate itself from its competitors by delivering 360-degree

management of clients' personal and corporate wealth across borders and

activity segments.


Nicolas Farah, Chief Executive Officer of 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. Being awarded Best

Overall Fund Manager further cements our strong reputation and underlines why

our clients entrust us with their money. It's always good to receive industry

and peer recognition for the quality of service that we offer and we hope that

this accolade will extend our visibility and bring with it further growth and



About REYL Intesa Sanpaolo 


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 over 400 professionals. In 2021, it entered into a

strategic partnership with Fideuram - Intesa Sanpaolo Private Banking, a

leading European banking player, pursuant to which Fideuram ISP acquired a 69%

stake in REYL & Cie.


Developing an innovative approach to banking, REYL & Cie serves a clientele of

international entrepreneurs and institutional investors through its Wealth

Management, Entrepreneur & Family Office Services, Corporate Finance, Asset

Services and Asset Management business lines. It has further diversified its

activities in the areas of impact investing, through the launch of pure-play

impact asset management firm Asteria and Obviam, and of digital banking for

mass affluent clients via the incubation of Alpian, an app-based aspiring Swiss

bank. In December 2021, REYL & Cie acquired a 40% stake in 1875 Finance, a

Geneva-based multi-family office and independent asset manager with over CHF 12

billion of assets under management for private clients. REYL & Cie Ltd is

licensed as a bank in Switzerland and performs its activities under the direct

control of the Swiss Financial Market regulator (FINMA). Its subsidiaries are

also 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.


REYL Finance MEA is 100% owned by REYL & Cie. It was incorporated in 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 as well as provide fund administration services. As of October 2022, REYL

Finance MEA manages circa USD 4 billion of assets.


SOURCE: REYL Intesa Sanpaolo