Middle East Wealth Management Forum 2020 - Highlights - Martyn Crespel

Martyn Crespel of PraxisIFM

Jan 31, 2020

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1. What are the opportunities and challenges for this industry in the year ahead?

Video transcript

1. What are the opportunities and challenges for this industry in the year ahead?

Opportunity wise, the region is growing. We have 2020 Expo, which will, I think, be quite interesting for the companies and individuals here. I think that on the asset management side, that's going to be more of a challenge. We've seen some incredible performance last year, but I think that is going to be challenged. In terms of my business and the end of service gratuity, the issue we have and remains to be that companies are largely underfunded in terms of their scheme and the current economic conditions for the growth will be a challenge for them.

 

 
 
 
 

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