Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, November 24 2022 - 16:01
REYL Finance MEA awarded "Best Overall Fund Manager – Regional/Global Reach" accolade by WealthBriefing
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