What are the opportunities and challenges for the year ahead? - Philip Story

Philip Story of ITA

Feb 18, 2019

Philip Story, Head of Distribution, EMEA at Investors Trust discussed the wealth management opportunities and challenges for the year ahead.

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1. What opportunities and challenges do you see for the year ahead?

Video transcript

1. What opportunities and challenges do you see for the year ahead?

The opportunity is that it is a big growth region. People are saying, the UAE has had a tough time, but if you look at the official stats, population growth's still there. There are more clients moving here, different types of client definitely. But that again opens more opportunities, if they are from different nationalities, etc. Challenges, as always, here are the regulatory matters. You have got to be able to adapt to that and wait to see what happens. We are still waiting for the final building blocks to go in place, that's probably the biggest challenge.

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