Middle East
UK financial planning firm buys The Fry Group
Deal increases its assets under management to more than £5.5bn
Most HNWs in Middle East have no succession plan
Just 24% have a strategy in place to pass on their family business
PEOPLE MOVES: Edmond de Rothschild, Bravura, AJ Bell
Financial services giant makes c-suite change, as wealth tech solution provider names CEO
Mena advisers predict surge in fixed income allocation
International real estate and domestic equities also in demand
UAE investment firm gets fund management licence
It aims to offer products ‘that deliver excess returns in the medium and long term’