Hanan Al-Ashwak: The platform helps clients achieve their investment
goals and grow their wealth.
As part of the GB Talks series, Gulf Bank’s Assistant Investment Manager,
Ms. Hanan Al-Ashwak, discussed the variety of investment options
available through Gulf Bank and Invest GB, with a special focus on women.
Al-Ashwak emphasized that the Bank’s digital investment platform, the
most innovative in Kuwait, follows a Nobel Prize-winning investment
strategy and offers many advantages to clients in global markets. The
platform offers an investment solution that is easy, transparent and cost
efficient.
Clients can achieve long-term, risk-adjusted returns by investing in
diversified international portfolios, while also having the ability to monitor
their investments anytime, from anywhere.
In 2023, the platform achieved remarkable returns, exceeding client
expectations despite difficult economic and geopolitical conditions.
Conservative portfolios saw an average return of 10.7%, while high-risk
portfolios delivered 20.9%. The Islamic portfolio”Wise” returned 22%, and
the income portfolio achieved a return of 9.2%, supported by annual
dividends of 6%.
Al-Ashwak emphasized that the Wise platform is the top choice for global
market investments due to its competitive advantages. It consistently offers
clients effective solutions for reaching their investment and savings goals
by utilizing carefully curated and geographically diverse investment
opportunities.
The platform offers customized portfolios designed to align with clients’
financial goals, investment timelines, and risk preferences. It provides
access to a diverse range of investment options and tools, including
Sharia-compliant choices, empowering clients to grow their wealth and
achieve their financial objectives.
Clients can fully control their portfolios, adjust investments, or withdraw
funds as needed. They can also monitor portfolio performance from their
mobile phones and choose to reinvest or withdraw profits. As a digital
investment tool, Wise allows clients to invest in globally diversified
portfolios with a long-term outlook.
After clients complete a straightforward questionnaire to outline their
financial goals, risk tolerance, and investment horizons, the platform
recommends a tailored portfolio. Gulf Bank’s investment managers then
continuously monitor and review these portfolios to safeguard and enhance
clients’ wealth, ensuring that investment performance aligns with their
objectives.
The Wise platform is accessible to both Kuwaiti and non-Kuwaiti clients
who have accounts with Gulf Bank, with a minimum investment of $10,000
required to open a portfolio.
