Abu Dhabi, 13 December 2011: Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial institution, hosted its first Wealth Management Seminar for high net worth customers and presented its outlook on global markets. The seminar provided customers with the knowledge to understand diverse investment options and make effective investment decisions in a rapidly changing environment.
During the seminar, ADIB revealed the results of its customer survey on investor attitudes towards risk which shows that the proportion of ADIB customers who have an enhanced appetite for risk remains low, while conservative investor numbers have grown continuously and balanced investors with a moderate appetite for risk remains the largest group.
Stuart Crocker, Global Head of Private Banking Group at ADIB said: “UHNW individuals have a unique and individual approach to risk. Significant changes in the global economy have impacted investor attitudes and this is clearly evident in the decline of enhanced risk taking investors and the growth of conservative to balanced investors. ADIB has responded to this customer trend by announcing a range of capital protected investment instruments.”
The seminar was held at the ADIB Headquarters in Abu Dhabi and hosted a well renowned speaker, Mazin Baghdadi, Deputy Head of Mutual Funds at HSBC Saudi Arabia. He presented updates on local and regional markets as well as reports on the worldwide economic outlook and the unfolding situation in the Eurozone. ADIB presented its views on the various financial instruments that have increased in appeal in today’s investment environment. ADIB offers a complete range of Shari'a compliant investment solutions customised to the needs and risk tolerance of customers.
As part of ADIB’s strategy to update and educate clients, the bank regularly hosts seminars to help clients make the right financial decisions.