Wealth Solutions & Wealth Planning

White Paper - Driving Forces Behind GCC HNW Investors

Jersey Finance

May 4, 2017

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In May 2017, we published a White Paper, in conjunction with Jersey Finance, focusing on the importance of creating the right infrastructure and solutions for GCC families – especially as they invest and diversify overseas.

Family business is the source of roughly 60% of GDP and an employer of over 80% of the workforce in Middle East economies, according to the Dubai International Financial Centre (DIFC). Further, it is estimated that USD1 trillion of assets will be transferred from second generation business families to the third generation over the coming decade. And as this next generation looks more internationally, delivering a variety of succession planning options is becoming key to staying relevant to GCC families going forward. Further fueling this is the fact the world is becoming more complex from a regulatory and transparency perspective.

This was the backdrop for proprietary research conducted by Hubbis and Jersey Finance in March and April 2017.

I hope you find these initial insights interesting and valuable.

We welcome and greatly appreciate your thoughts and feedback - please email [email protected]

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