UK-based alternative investment manager Arch Financial Products has made a substantial investment in Financial Partners Group, an international firm of independent financial advisers groups with offices in Middle East and throughout the Asia-Pacific region.
Arch has taken a 48 per cent stake in Financial Partners to boost the IFA firm’s expansion in the Middle East and Asia, where it provides personalised investment, wealth management and advisory services for private clients, corporates and expatriates.
The firms say the transaction gives the group a significantly strengthened capital base to enable it to implement plans to pursue revenue growth and control costs. Financial Partners’ strategy involves franchising, mergers and acquisition of IFA firms in countries and territories where it is already established and licensed.
The investment is designed to boost Arch’s presence in Asia and the Middle East and provide a platform for its alternative investment product range. Arch will also develop customised products to suit Asian and Middle Eastern investors in conjunction with Financial Partners’ banking arm, FP Bank. More.
