IFG Asia Company Background

IFG Asia is part of the IFG Group PLC (www.ifggroup.com) founded in Ireland in the 1980's, a global financial services organization listed on the London and Dublin Stock Exchanges with 23 offices and over 500 employees worldwide. IFG Group's market capitalization as of March 2010 is €74 Million. The group now has over €60 billion under management and administration. (as of March 2010)

IFG Asia offers financial planning and investment advice to Expatriate individuals and in Japan and South Korea. The company is registered as a financial instruments firm with the Ministry of Finance (Kantoh Finance Bureau) to offer investment advice to residents of Japan (Registration Number 487).

IFG Asia Limited, as an independent Investment Advisor and uses the broad resources of different product providers and Fund houses, to ensure that its advice is impartial and tailored to your personal circumstances and future objectives. We are not limited to giving advice on any one product range and can therefore offer our clients a wide choice of options.

IFG Asia can provide a one-stop solution for all the financial needs of its clients in Japan and believes that the key to successful financial planning is in the provision of bespoke solutions, ongoing service and maintaining a close relationship with our clients, to ensure that their objectives are on track.

Financial Highlights for IFG Group plc (2009 Preliminary Results)

Key highlights include:

·                       Revenue of €93.3 million (2008: €105.1 million)

·                       Adjusted operating profit of €18.0 million (2008: €21.2 million)

·                       Operating profit of €10.2 million (2008: €16.1 million)

·                       Adjusted EPS in cent per share of 20.60 (2008: 22.77)

·                       EPS in cent per share of 8.81 (2008: 15.69)

·                       Adjusted dividend in cent per share of 3.63 (2008: 3.63)

·                       Total assets under administration and advice of circa €60 billion

Commenting on the results, Mark Bourke, CEO of IFG Group plc said, "In 2009 we delivered to expectation and remained highly profitable in our core product lines of Corporate Service and Pension Administration and Advisory. We have transformed the Group through the acquisition of James Hay, the largest provider of SIPPs in the UK. The acquisition was completed in March 2010. The combination of leading market positions, proven customer proposition and a strong balance sheet is our basis for continued success."

 

Price for IFP:IDSECTOR COMPARATIVE RETURNS v Index

Source - Bloomberg