Riyadh - MENA Herald: Deutsche Securities Saudi Arabia LLC’s 2017 Market Outlook event, titled “Rhetoric into reality – ten topics for 2017”, took place last night at the Four Seasons Hotel in Riyadh. The single day (February 14) event explored current issues, highlighted insights on what this year’s key economic and political dynamics are likely to be, and illustrated how to successfully navigate today’s challenging global investment environment.
More than 100 conference delegates heard from Christian Nolting, Global Chief Investment Officer for Deutsche Bank Wealth Management discuss his ten main global themes when considering investing in 2017.
“In 2017, entrepreneurs and investors will have to operate in a world characterized by policy divergence at multiple levels – fiscal, monetary, trade and other dimensions,” said Nolting. “Long-term trends and social issues provide valuable orientation; Such as Internet and data security, the demographic development, the output of Millennials, as well as technologies and utilization concepts of the next generation. Market participants will need a good judgement of their own and may also include additional risk engineering in their portfolios.”
Jamal Al Kishi, CEO of Deutsche Securities Saudi Arabia said, “Deutsche Bank is deeply committed to supporting Saudi Arabia’s National Transformation Plan “Vision 2030”. The Kingdom is a key market for us in the region. We are constantly looking into increasing our penetration by introducing access to additional products and services to specific sectors and to provide our valued clients access to senior Deutsche Bank thought-leaders from around the globe.”
He added, “That we have chosen to host our conference here in Riyadh reflects the city’s rising status as a leading financial centre in the MENA region.”
Deutsche Bank established its Riyadh branch in 2006, and then soon after established a securities subsidiary, Deutsche Securities Saudi Arabia. The Bank offers the full suite of investment and transaction banking, wealth and asset management services in the Kingdom.
Keynote speakers at the conference from Deutsche Bank included Peter Hinder, Head of Wealth Management EMEA & CEO Deutsche Bank (Switzerland) Ltd, Christian Nolting and Ibrahim Fatani, Deutsche Bank’s newly appointed Head of Discretionary Portfolio Management for Deutsche Securities Saudi Arabia.
