Middle East
Old Mutual Wealth ready to list as profit soars 40%
Old Mutual Wealth is now ready to list as Quilter, with its annual results showing the company’s pre-tax profits rose by 40% in 2017, driven by “unusually high” performance fees.
Panama Papers take down law firm Mossack Fonseca
The law firm at the centre of the Panama Papers scandal, which saw millions of its private client files leaked to the media, has announced it is closing.
Nexus departs Singapore to focus on Middle East
Dubai-headquartered Nexus Group has confirmed to International Adviser that it is to close its Singapore arm, Nexus Financial Services, and focus on its core Middle East operations.
Investment | 14 Mar 18
Clients driving demand for multi-asset strategies
UAE-based clients are calling for multi-asset solutions to diversify their portfolios, according to delegates at the International Adviser Multi-Asset Masterclass Dubai 2018.
PEOPLE MOVES: Goldman Sachs, Momentum Pensions, Aegon
Goldman Sachs signals its next chief executive will be an electronic DJ, Momentum Pensions appoints a managing director of its UK arm and Aegon hires a head of investor relations.