World’s Largest Offshore Financial Services Group Sponsors International Golf Tournament

PRLog (Press Release) – Jan 31, 2007 – ABU DHABI, United Arab Emirates – January 30, 2007: P.I.C. Middle East – a division of the deVere & Partners Group - is pleased to announce the outstanding success of its participation in the events leading up to the World Corporate Golf Challenge.

More than 90 of P.I.C.’s Abu Dhabi-based Clients and their guests took part in one of the Challenge’s tournaments, held yesterday at the world-class Abu Dhabi Golf Club by Sheraton.

Four of the deVere team players – Steve Rigby, a senior P.I.C. Wealth Adviser, and three of the company’s Clients – will proceed to compete in the Emirates Today Corporate Golf Challenge. The UAE's qualifying event for the Regional Final will take place at The Montgomerie Dubai on April 26th.

Hopefully, the team can then qualify and go on to represent deVere & Partners/P.I.C. in the World Corporate Golf Challenge Final in Spain in July.

Yesterday’s events were sponsored by six of the deVere Group’s most valued Investment Providers: New Star Asset Management, Lakeshore, Forsyth Partners, Generali International, Royal Skandia and Friends Provident International.

“We are delighted to once again support deVere’s team,” said Philip Goldsmith, New Star’s Managing Director International. “We have built a successful partnership with deVere & Partners and are proud to work with the world’s biggest offshore financial services groups.”

“We at deVere have established a long track-record of maintaining a close and ongoing relationship with our Clients worldwide,” said Spencer Lodge, deVere’s Middle East Regional Director. “The participation of a group of our Middle East-based Clients in this exciting international event is just one of the many ways that we continue that tradition.”

The World Corporate Golf Challenge is one of the largest and most exclusive corporate golf events in the world. Since its inception in 1993, over 750,000 business executives from around the globe have participated in this prestigious event.

deVere & Partners is the world’s largest and most respected Independent Offshore Financial Advisory Services Group, with close to 200 expert Financial Advisers in more than 35 countries. Collectively, the deVere businesses service more than 30,000 Clients, in 105 countries, with in excess of $6billion of funds under administration and management.

P.I.C., the company’s Dubai-based Middle East operation, is among the business’ most successful and dynamic branches.