Dubai-based Nexus group, has announced acquiring Zurich Life Singapore with all of its 160 appointed financial advisers.
Established in 2006 in the Middle East through a management buy-out of the distribution arm of Zurich International Life, Nexus Middle East has over 370 professional consultants. (The financial adviser representatives transferring to the newly-established Nexus Singapore operation will be independent of the Zurich going forward). Terms of the deal is not disclosed.
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More details follows from Gulf News: