Middle East
Middle East | 14 Oct 15
Beechwood expands into Middle East, hires Mark Hollis
Beechwood Bermuda International has announced a new Middle East operation to market and distribute its investment products in the United Arab Emirates and across the region.
Middle East | 5 Oct 15
Middle East advisers call for action on unregulated schemes
Regulators in the Middle East need to do more to crack down on unregulated schemes and products, according to a new survey by market intelligence company Insight Discovery.
Zurich transfers Singapore adviser network to Nexus
Zurich Life Insurance (Singapore) has agreed to hand over all of its approximately 160 appointed financial advisers in the city state to Nexus Financial Services, part of the Middle East-based Nexus Group, in response to changes in the regulatory landscape.
LM action group criticises rising costs of insolvency
Financial advisers linked to the failed LM Investment Management funds, in which many expats in the Middle East and Asia lost money, have criticised the rising bills from insolvency practitioners and the slow pace of Australian regulators in dealing with the case.
Middle East | 28 Sep 15
Saudi Arabia seen cutting funds held with asset managers
Saudi Arabia has reportedly withdrawn tens of billions of dollars from global asset management firms in response to the ongoing slump in oil price and the recent volatility in world equity markets.