LONDON, United Kingdom– February 9, 2007: Soon after forming a strategic alliance to provide offshore investors with access to proprietary investment funds and strategies, the deVere & Partners Group and Deutsche Bank are very pleased to report on its remarkable success.
deVere & Partners - the world's largest independent Offshore Financial Advisory group - and Deutsche Bank established the comprehensive business alliance in November 2006.
The new affiliation between these dominant forces in the financial solutions sector secured deVere clients with exclusive access to superior, high-growth, guaranteed return investment products and services with Deutsche Bank. The products are not available through any other offshore financial advisory services firm.
Just two months into the agreement, business levels are high, and it is expected that over $50 million will be invested in Deutsche Bank Offshore funds in the next three months.
As a result of the agreement, deVere & Partners clients reap the benefits of select access to many of the best and most profitable investment choices worldwide.
“We are delighted, but not surprised, with the immense success of our alliance with Deutsche Bank,” said Nigel Green, deVere & Partners’ Managing Director. “Our Clients immediately recognised and responded to the excellent investment opportunities available through the bank’s products and services.”
Collectively, the deVere businesses have close to 200 expert Financial Advisers in more than 35 countries, and service more than 30,000 Clients, in 105 countries, with in excess of $6 billion of funds under administration and management. Deutsche Bank is a leading global investment bank with Euro 1,128 billion in assets and nearly 69,000 employees in 73 countries.
The deVere/Deutsche Bank agreement came on the heels of another very successful deVere Group alliance - with Barclays Bank in the Middle East. Under that agreement, deVere offers a competitive range of Life Insurance options to Barclay’s mortgage clients in the UAE.
