FPI sales buck group decline
Friends Provident International (FPI) saw a 12.3% increase in business in 2008, growth the company said was aided by the recent plunge in sterling.
Author: International Adviser
-
-
Single broker blamed as Brandeaux puts brakes on its property fund redemptions
Brandeaux, the London-based property fund manager, has become the latest in the real estate sector to suspend redemptions. Before implementing the measure, the firm had been bucking the industry
-
Investor exodus continues
Asset management houses are slashing budgets, staff numbers and closing, merging or restructuring funds as they struggle to survive the global financial downturn.