Lombard Odier named the best Boutique Private Bank in the Middle East by Euromoney
Lombard Odier Group has received 13 awards at Euromoney's 2025 Private Banking Awards, including four distinctions for excellence in the Middle East and the United Arab Emirates. The firm was named Best Pure Play/Boutique Private Bank in both the Middle East and the UAE, underlining the world class wealth management expertise it has developed in the region over more than 50 years. Lombard Odier was also awarded Best for Discretionary Portfolio Management for both the Middle East and the UAE, in recognition, among other reasons, of its market-leading, Shariah-compliant discretionary mandate.
Presented at a ceremony in London, these awards underscore Lombard Odier's long-standing commitment to the region and its focus on delivering innovative solutions and robust investment strategies tailored to the Middle Eastern market. This year, Lombard Odier was also pleased to receive two global awards 'World's Best Chief Investment Office' and 'World's Best for Succession Planning', highlighting the Group's core wealth management and investment expertise.
'We are honoured to receive this recognition from Euromoney,' said Ali Janoudi, Head of New Markets at Lombard Odier Group. 'This achievement is a testament to our deep-rooted presence in the region and the trust we have built with our clients over more than 50 years. At Lombard Odier, our purpose is clear – to preserve and grow our clients' wealth across generations through tailored, forward-looking strategies. We are grateful to the Euromoney judges for recognising our differentiated approach, particularly our strengths in alternative investments, fund selection, and our unwavering commitment to putting clients first.'
Lombard Odier's recognition as the Middle East's Best Pure Play Private Bank is the result of a legacy defined by more than 225 years of independence, stability and innovation. The firm's boutique model enables the delivery of bespoke wealth management solutions that reflect the ambitions, values and evolving needs of its clients in the region. This high level of personalisation is supported by global investment expertise and a strong local presence.
With a dedicated team of specialists based in Geneva, the UAE, London and Zurich, Lombard Odier offers a seamless wealth management experience that integrates international insights with in-depth regional knowledge. Its on-the-ground presence in Dubai, established in 2007, ensures close proximity to clients and the delivery of tailored, onshore solutions anchored in Swiss private banking heritage.
Lombard Odier's award for Best for Discretionary Portfolio Management in both the Middle East and the UAE further demonstrates the firm's commitment to offering customised, high performance investment solutions that align with client values and financial objectives. Its Shariah-compliant discretionary mandate remains a cornerstone of this success.
Euromoney's Private Banking Awards is one of the world's most reputable private banking and wealth management awards programmes. For over two decades, the Awards have recognised those firms offering their clients the very best private banking advice, service and solutions at the global, regional and country levels across multiple key categories.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Filipino Times
6 hours ago
- Filipino Times
Saudi Arabia Authorises VistaJet as First International Private Jet Operator for Domestic Flights
Saudi Arabia's General Authority of Civil Aviation (GACA) has authorised Dubai-based VistaJet to operate domestic private jet services in the kingdom, marking the first time an international operator has been granted such rights. The move follows the lifting of cabotage restrictions for on-demand charter companies on May 1, allowing foreign-registered aircraft to conduct domestic flights within Saudi borders. GACA said the approval supports its Vision 2030 plan to transform the kingdom into a global aviation hub, while boosting competition, improving service quality, and attracting new investments. VistaJet, part of Vista Global Holding founded by Swiss billionaire Thomas Flohr, has been serving Saudi Arabia for more than 15 years on international routes. The company reported a 32% year-on-year rise in programme members in the kingdom during the first half of 2025. 'Given the nature of Vista's fully owned floating fleet, the company is best positioned to offer immediate private aviation services throughout the kingdom,' VistaJet said in a statement. With its long-range Global 7500 and soon-to-arrive Global 8000 jets, clients will also be able to fly non-stop to destinations worldwide directly from Saudi Arabia. The kingdom aims to grow the general aviation sector's contribution to GDP to 7.8 billion riyals ($2.08 billion) and create 35,000 jobs by 2030. Last year, Saudi Arabia's business jet sector recorded a 24% jump in flight volumes, underscoring strong demand from wealthy tourists, corporate travelers, and government officials.
Arabian Post
14 hours ago
- Arabian Post
Ethiopia Sees Growth in Foreign Investment as Debt Restructuring Looms
Ethiopia's foreign direct investment reached $4 billion for the fiscal year ending July 2025, according to the country's Investment Commission. This represents a modest 2.2% increase from the previous year, signalling a steady inflow of capital despite economic challenges. The rise in FDI comes as the country prepares for a major bond restructuring, which aims to alleviate its mounting debt burden. The FDI figure is particularly significant given the global economic slowdown and the internal challenges Ethiopia faces, such as inflation and high public debt. The increase reflects investor confidence in the country's long-term prospects, bolstered by its efforts to modernise infrastructure and attract international businesses. Key sectors drawing investment include agriculture, manufacturing, and services, which remain central to the nation's economic development strategy. Government officials highlight that foreign investment plays a crucial role in Ethiopia's industrialisation ambitions, particularly as it seeks to transform from an agrarian economy into an industrial powerhouse. By focusing on sectors like textiles, leather, and agro-processing, Ethiopia aims to diversify its economy and reduce reliance on traditional sectors. The government's initiatives to improve the business environment, including tax incentives and streamlined business registration processes, have made the country more appealing to investors. ADVERTISEMENT The country's investment climate has been supported by its strategic location in the Horn of Africa, which positions it as a gateway for trade with both African and Middle Eastern markets. Ethiopia's involvement in regional trade agreements, including the African Continental Free Trade Area, further enhances its attractiveness for foreign investors seeking to expand their footprint in Africa. These factors have contributed to the gradual increase in investment flows over the past several years. Despite the positive trends, Ethiopia's FDI figures remain well below the potential expected by economists, especially considering the vast natural resources and a young, growing workforce. Several foreign investors have cited challenges such as bureaucratic delays, logistical inefficiencies, and foreign exchange shortages as hurdles to fully capitalising on Ethiopia's market potential. One of the major factors influencing the inflow of FDI is the upcoming debt restructuring process, which is aimed at addressing Ethiopia's high external debt and ensuring fiscal stability. Ethiopia, which has been in discussions with the Paris Club and other creditors, is seeking to restructure billions of dollars in debt, particularly focusing on bonds and loans from bilateral and multilateral sources. This restructuring is expected to provide some relief to the government, freeing up capital for investment in social services and infrastructure. However, the success of the restructuring plan hinges on the continued stability of the country's economic and political environment. The government's debt restructuring strategy is also viewed as a critical step in restoring investor confidence in Ethiopia's financial stability. Analysts suggest that if successful, the plan could significantly enhance Ethiopia's creditworthiness, attracting more foreign capital. In the meantime, the country's efforts to maintain high levels of foreign investment, particularly from countries like China and the United Arab Emirates, will be essential in cushioning the economy against the impact of external debt repayments.
Zawya
16 hours ago
- Zawya
Emerging markets ‘are poised to keep outperforming'
The outlook for emerging markets has stabilised in response to clearer US trade arrangements and persistent US dollar weakness, which are expected to resume, says the latest CIO Office Viewpoint from Lombard Odier. While US tariffs may weigh more on economies in the next few months, it sees solid earnings growth and a gradual rebound beginning in the last quarter of 2025, write Dr. Luca Bindelli, Head of Investment Strategy and Patrick Kellenberger, Emerging Market Equities Strategist, and Patrick Kellenberger, Emerging Market Equities Strategist. The US dollar's loss of momentum this year has provided a relief for many key emerging markets. Interest rate differentials, fiscal dynamics, and trust in institutional quality assets are all shifting in response to recent US policies. Lower valuations for EM equities compared with developed markets makes them attractive while in fixed income, higher-than-average yields favour EM hard currency bonds. In spite of the anticipated tariff-triggered economic slowdown in the third quarter of 2025, trade policy uncertainties are fading. Most emerging markets have also refrained from retaliating against the US measures, limiting the fallout from tariffs on their consumers and industries from price shocks. The impact of President Trump's country-specific tariffs, announced on August 1, may be lower if product or sector exemptions are factored in. For now, the US's average effective tariff has now risen from 2.4% in early 2024 to an estimated 16.5% today. In relative terms, US trade tariffs have not been applied more harshly to emerging markets. This leaves them no worse off, and sometimes with better trading conditions than economies including Europe, Canada, or Japan. In addition, the US and China have extended a 90-day truce for the second time. Both countries appear keen to avoid new provocations. The US has loosened export controls on cutting-edge AI chips, and China has not, so far, limited access to its refined rare earths, a market that it dominates. More broadly, US tariff rates on other EMs are now mostly known, and lower than first threatened. For Taiwan and South Korea, two key markets for the global economy, US tariffs are set at 20% and 15%, respectively. There may also be exemptions for strategically important semiconductors in return for investments by Taiwanese and South Korean chipmakers into the US. US dollar weakness ahead While the dollar has stabilised in recent weeks, the report sees further weakness ahead and has shifted its view on the currency from neutral to negative. 'With US inflation ticking slightly higher and companies neither hiring nor firing, market consensus is moving closer to our expectation for three interest rate cuts from the Federal Reserve before the year-end. For global investors, lower US rates will erode the dollar's yield advantage. Moreover, historically the US dollar also tended to weaken further in phases of increasing or elevated 'term premium', or the additional compensation for owning longer maturity bonds. Indeed, while we expect US long-term rates to moderate over time, we still expect the term premium to remain high in light of US fiscal deficit widening. As a result, we anticipate reduced demand for the US currency, while other major central banks and emerging markets are either seeing rates stabilise or fall only modestly, albeit from double-digit levels in Latin America (Brazil),' it says. Relative yield developments will therefore be detrimental to the USD. Also undermining the need for dollars are falling hedging costs associated with lower US policy rates and less extreme short investor positioning. Another Chinese tariff reprieve can also support EM currency sentiment in the near term, and we have adopted a more positive view on EM currencies. Investors may also be reassured by political conditions in many markets. In some Eastern Europe, Middle Eastern, and Latin American economies, there is a shift towards more business-friendly policy. In South Korea, the peaceful transfer of power to the centre-left opposition party in June led to strong market outperformance. Latin America will hold a series of important national elections, where voter fatigue with incumbents may propel more market friendly candidates to power. Alternative flow Starting in April with the US tariff policy announcements, international investors began looking for alternatives to the US market. Still, EM assets remain under-owned in the developed world. In 2017, a recent high, EM assets accounted for 7% of European and North American investors' portfolios, and that figure stands at 5.1% today. How are emerging equity markets expected to perform? First, and in relation to the US dollar outlook described above, a depreciating dollar (and appreciating EM currencies) has generally coincided with EM equity inflows and positive equity performance. Relative to developed market stocks, they offer a valuation discount that is currently around 35% in forward 12-month price-to-earnings terms. This should support inflows as investors are returning to emerging markets in a search for diversification and growth opportunities. Indeed, while we anticipate a slowdown in EM earnings in the third quarter, these should reaccelerate towards the end of the year and continue to provide a source of support to the regional equity outlook, also on a relative basis. We see a good chance that the 24 constituents of the MSCI emerging market index continue to outperform developed markets in 2026. We increased our exposure to EM equities in May, once US trade policy started to moderate from initial levels and expect all major EMs to post solid returns over the next year. China may deliver more attractive earnings, thanks to recent policy initiatives and a more liberal stance on the private sector. Taiwan's market looks expensive, but EPS (earnings per share) growth is being driven by AI developments. In Brazil, we see earnings challenged by lower commodity prices, but dividend yields look attractive. We also like South Korean stocks, where corporate governance reforms could lift valuations and robust earnings growth is supported by computer memory/AI demand. In India, and despite the near-term setback from tariffs imposed by the Trump administration in retaliation for Russian oil imports, we expect the situation to stabilise eventually, possibly with progress in Russia/Ukraine peace talks. We see the stock market re-accelerating after a cyclical slowdown reflecting improving domestic demand, and with low inflation, there is scope for interest rate cuts. In fixed income, we have increased our exposure to emerging market hard currency bonds and reduced our positions in global government bonds. Despite year-to-date spreads narrowing, EM hard currency yields remain higher than their historical averages and provide more attractive yields compared to other fixed income segments. In particular, EM bonds offer similar yields to those available in the comparatively riskier credit segments. Moreover, we expect EM spreads to remain relatively more stable as the EM economic outlook becomes more resilient. Finally, and with looser Fed monetary policy expected soon, short-dated US Treasury yields should decline more quickly than longer-dated maturities, generating a so-called steepening yield curve. This development would typically allow EM debt to continue to outperform US Treasuries. - TradeArabia News Service Copyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
