Friends Provident International (FPI) is set to distribute its products in South East Asia after bei...
Friends Provident International (FPI) is set to distribute its products in South East Asia after being granted a licence to operate out of Singapore. The first product that FPI will launch is a portfolio bond. The bond will offer investors access to an open-ended range of collective investments as well as stocks, shares and cash. It has been targeted towards high net worth individuals and has a minimum investment of $50,000 (£27,000) or Singapore $100,000. The second product to be launched will be a regular savings plan followed by a unit- linked bond. Rocco Sepe, managing director of...
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