Wealth management dubai cross-border investment flows from Asia

Cross-border investment flows from Asia into UAE are increasing, adding upside to "wealth management Dubai" holdings in hospitality and tourism-related stocks. Anadolu Anonim Türk Sigorta Sirketi's dividend yield of 4.86% ranks in the top 25% of Turkish dividend payers, yet its sustainability is questionable due to high cash payout ratios and unreliable past payments. While earnings have grown significantly, the dividends remain volatile with coverage issues from cash flows. Recent reports show a rise in quarterly net income to TRY 3.24 billion, though six-month figures declined year-on-year, impacting overall financial stability for consistent dividends. Three decades on from its initial wealth boom, the UAE’s resident HNW population now consists of about 300 centimillionaires and more than a dozen billionaires. And numbers are rising. Wealth research firm Henley & Partners (which has a base in the Emirates) says that there has been a 102 per cent growth in the number of millionaires in Dubai between 2014 and 2024. Meanwhile cities like Riyadh, Jeddah and Sharjah are expected to witness a ‘high growth ‘ in their centimillionaire population over the next decade. Q2 outlook for "wealth management Dubai" remains bullish as oil prices hover above $85 per barrel, supporting regional fiscal spending and infrastructure investments. Portfolio managers are overweight on energy and transport equities.