Trends that are to govern the regional wealth management space

Trends that are to govern the regional wealth management space

From a B2B perspective, we expect to see strong growth among digital wealth solutions. Technologies like blockchain are finding a home in GCC countries and developing immensely powerful use cases to influence the capital market ecosystem here. From a B2C perspective, we do not see significant traction with digital wealth management solutions. The B2C products generally take stronger hold in economies with more dispersed wealth like Europe and the US. We are waiting to see consolidation of certain logistics and delivery companies in the GCC. There are several smaller regional players, each establishing a foothold in their native markets. We think there is strong value for a roll-up strategy for companies like this, which saw a boost during the pandemic, as we move to a post-Covid world. We see a shifting of wealth in the region to be defined solely in terms of cash flow to becoming defined through a combination of cash flow and assets under management (AUM). The idea that growth can be more valuable than cash flow has been seen in technology stocks like Amazon and the rise of venture investing. Traditionally, cash flow was all that mattered to the investors in the GCC. Due to the