Latin America
Chinese conglomerate buys $52m stake in Brazil wealth manager
Chinese insurance and investment group Fosun has added wealth management to its operations after announcing it is to acquire a Brazilian wealth manager for $52m (£37.3m, €42.3m).
Zurich ramps up Latin America with $409m acquisition
Australia’s QBE Insurance Group is selling its Latin America operations to Zurich, which will see the Swiss giant take market-leading positions in countries across the region.
Bitcoin to become ‘significant feature’ in modern day divorce
The rise of cryptocurrency, and in particular Bitcoin, means divorcing couples may use the currency to hide their wealth from one another, warns a family law expert.
Hansard shows Q2 growth despite Middle East decline
Hansard Global is still recovering from losing a major distribution partner in the Middle East, as it reports low-level growth in new business premiums for the second half of 2017.
DeVere expands into Latin America, opens Mexico City outpost
DeVere Group is to open an office in Mexico City, headed up by an ex-Guardian Wealth man, its first step in an ambitious plan to expand throughout Latin America.