Altaira Wealth Management launches Middle East subsidiary in Bahrain - AME Info
Thanks to its deep background in investment manager research, Altaira is able to offer clients access to some of the best fund managers in the world, usually available only to large, institutional investors. A key "value-add" is the unique tailor-made quality of these investment solutions. Altaira does not sell third party products. Rather, Altaira aims to build strategic alliances with third party investment "partners" offering tailored investment products.
Altaira does not keep retrocessions, rebates or other benefits from third party service providers, such as custodian banks, ensuring that it offers impartial advice, aligned with the interests of clients. Altaira differs from most other wealth managers today because of its transparent fee structure and relationships with quality asset managers.
Altaira's management team includes senior executives who previously worked together at Russell Investments and other well-respected financial experts. Altaira's Chairman is ex-CEO of Russell Investments, Mike Phillips. The Chief Executive Officer of Altaira Wealth Management and Altaira Middle East is Anthony Acampora who previously headed up Russell's Swiss office, reporting directly to the Office of the Chairman as Senior Advisor for International Strategy.
About The Bahrain Economic Development Board (EDB)
The Bahrain Economic Development Board (EDB) is a dynamic public agency with an overall responsibility for formulating and overseeing the economic development strategy of Bahrain, and for creating the right climate to attract direct investment into the Kingdom.
The role of the Bahrain EDB is to provide leadership by uniting all of the Kingdom's shareholders through a unified vision, and to develop key strategies for growth. The Bahrain EDB also acts as a facilitator, helping all of Bahrain's stakeholders to understand and adopt the changes necessary for progress. In addition, the Bahrain EDB provides sound project management to ensure that all agreed reform initiatives are implemented in an effective and timely manner.
The Bahrain EDB is also responsible for attracting inward investment into Bahrain, and is focusing on six target economic sectors in which the Kingdom offers significant strengths. These are financial services, downstream industries, tourism, business services, logistics, and education and training.
Further information
Jenan Al Maskati
Bahrain Economic Development Board
Tel: +973 17 589 930
Alisdair Haythornthwaite
Bell Pottinger
Tel: + 971 566 901 725