Asia
UBS to recruit 400 staff in Asia
UBS is planning to add 400 client advisers to its 1,000-strong team in the coming year
SLI: No evidence to suggest GEM will outperform
There is not enough evidence to suggest emerging markets will outperform in the near term.
China’s GDP grows by 8.7% in 2009
China’s economy expanded 8.7% during 2009, exceeding the 8% full-year growth target set by its government
Prudential to discontinue insurance operation in Japan
UK insurance giant Prudential said it will discontinue writing new business in Japan, effective next month, citing the “local business environment in Japan and other factors over the past year”.
de Vere & Partners buys Programmes for Wealth International
De Vere and Partners, the international IFA firm, has bought web-based investment broker Programmes for Wealth International (PWi), its latest acquisition following the purchase of what was Financial