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Wealthmonitor brings new opportunities to wealth management industry as new MENA coverage is launched

United Arab Emirates: Tuesday, December 06 - 2011 @ 15:16

After having successfully started its operations in Western Europe in 2005 and expanded in the US in 2010, Wealthmonitor has added a new coverage region to its portfolio of nearly 900,000 individuals and 380,000 companies.

“Launching our MENA operations was an inevitable step”, said Giovanni Amodeo, the editor of wealthmonitor. “In the past few years, we have seen a significant shift in private wealth from the old economies to new areas such as MENA”. Being able to offer to our clients more tailor-made information about liquidity events in the region was a must.”

With only 6 years of history, wealthmonitor has a dedicated team of journalists reporting on the strategic intentions of public and private companies including growth initiatives, IPO plans, M&A (companies looking to sell or considered targets), succession issues and director dealings. Through the Executives Tab the user is also able to search for senior level employees by country, region, title, estimated compensation and stock holdings. In addition, the company profiles provide a comprehensive overview of the company and its networks of advisors such as financial advisors, lawyers or accountants so that existing relationships can be used for referrals.

Florian Pixner, MD of wealthmonitor, said: “We are excited to expand our operations into the Middle East and Africa. This move allows us to meet the growing needs of our existing clients for coverage of this increasingly important region and also bring our proprietary intelligence to our expanding client base. ”

wealthmonitor has intelligence on over 592, 521 global – and 9, 396 MENA liquidity events.

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Tuesday, December 6- 2011 @ 15:16 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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