United Kingdom | 27 Feb 12
pru rumoured to be planning hong kong move
Rumours have yet again surfaced that Prudential, the UKs biggest insurer, may relocate its headquarters from London to Hong Kong.
Middle East | 27 Feb 12
shifting to shariah model could increase value
Converting a financial services business to a Shariah-compliant model could increase the value of a company by 18% to 25%, due to the current scarcity of genuine Islamic investments, a report issued by Switzerland-based Bank Sarasin concludes.
devere eyes swedish market
DeVere Group, which claims to be the worlds largest advisory firm, plans to open its first office in Sweden, in the second quarter of this year.
fpi unveils fund centre
Friends Provident International, the offshore arm of UK-based Friends Life, has upgraded the fund price and performance pages on its website by launching Fund Centre.
aberdeen rebrands multiasset
Aberdeen has changed the name of its multi-asset and multi-manager arm to Aberdeen Solutions to “better reflect the component strategies” and to appeal to intermediaries’ increased outsourcing of investment decisions.