United Gulf Financial Services welcomes international VIPs to Doha
United Gulf Financial Services (UGFS); a Qatari based Investment Bank established in 2006 and regulated by the Qatar Financial Centre Regulatory Authority, today welcomed the Chairman of Edmond de Rothschild Asset Management (EdRAM), Mr. Philippe Couvrecelle, to Doha.
Edmond de Rothschild Asset Management is part of the LCF Rothschild Group, an international
banking group , with over 100 billion USD under management, controlled by Baron Benjamin de Rothschild, a member of the legendary Rothschild family,. The company, one of Europe’s leading Asset Management Companies, is in Doha to partner with UGFS in offering international investment opportunities to Qatari investors.
“Mr. Couvrecelle’s visit to UGFS and Qatar is a distinct honor for us, and clearly shows both the strength in UGFS’ offering as well as the increased interest by local investors in diversifying their portfolios. The KIPCO Group has a long track record of working with the LCF Rothschild Group, and hopefully we provide some of the opportunities that Qatari investors are looking for,” said Mr. Qasim M. Qasim, General Manager of UGFS.
“ Our international development will obviously bring us to the GCC. We believe that the opportunity to team up with an institution such as UGFS will benefit both of us. We are committed to bring to Qatari investors our very best investment solutions,” said Mr. Couvrecelle.
UGFS is subsidiary of United Gulf Bank BSC, (UGB), Bahrain and a member of the Kuwait Projects Co (Holdings) (KIPCO). KIPCO recently sold 51% of the Kuwait-based telecommunications giant Wataniya to QTel, a $ 3.7 billion transaction and a significant acquisition for QTel.
UGFS provides its clients portfolio management services through a broad range of financial products and services including trading on MENA stock markets in addition to and having distribution agreements with both international and local mutual fund managers. This provides UGFS’ clients access to all major world markets such as those through the Edmond de Rothschild Asset Management.
Mr. Couvrecelle, newly appointed Chairman of Edmond de Rothschild Asset Management,. is accompanied on his trip to Doha by Mr. Lionel Errera, Head of International Development for Edmond de Rothschild Asset Management. The two VIP visitors from Edmond de Rothschild Asset Management will be meeting with UGFS’ clients as well as UGFS’ staff updating them of the wide range of products, services and recent developments. They return to Paris at the end of the week where they will be meeting with other Gulf investors.
