Dubai, UAE; Tuesday 4 February 2014: Jean-Paul Petoud, Chief Investment Officer, Private Banking at Emirates Investment Bank, a client-focused, independent private and investment banking boutique headquartered in Dubai, was selected as a panellist to discuss “Dubai’s Current and Future Position as an Investment Hub” at Dubai Forward, the annual strategic conference focused on Dubai as a financial and wealth management centre taking place today.
Jean-Paul Petoud, who brings 30 years’ experience in the private banking and investment management industry as a Fund Manager and Investment Strategist, has spent his career entirely in both Switzerland and the Middle East. He believes Dubai is perfectly placed as a gateway to investment opportunities for investors from all over the world as well as for international high net worth individuals with a nexus to the UAE.
Jean-Paul explained: “As investor sentiment continues to improve, we feel optimistic about Dubai and its prospects. We foresee a continued influx of capital, investors and entrepreneurs fuelling positive sentiment and, in turn, increasing investment flow to the region. This is driven by increased M&A, private equity activity and upward movement in the real estate market.
“As a local bank enabling access to global investment opportunities, our fundamental premise is a personalised approach to help manage and grow capital for our clients. With this encouraging backdrop we constantly evaluate the markets to better tailor our services according to our clients’ needs. Last year we increased our exposure to regional equity markets including the UAE. This year, among other activities, we are looking at income-generating infrastructure investments and favour equities versus bonds both regionally as well as globally. With this progressive outlook for 2014 together with Dubai’s monumental success with Expo 2020, we see Dubai as firmly on the map as an investment hub now and in the future.”