Intel Financial Group Announces Phase 3 of Its Management Agenda

Online, June 3, 2014 (Newswire.com) - Intel Financial Group's Chairman of the Management Board, Mr. Norman Bertrand will present this new phase at an Investor Conference in Hong Kong.

This follows successful completion of Phases 1 and 2 of Intel Financial Group's management agenda, which was launched in 2005. Phase 1, which involved refocusing the business, was completed in 2008. Phase 2, which focused on growth and achieving 25% pre-tax return on average active equity, was completed in 2012.

Intel Financial Group's Phase 3 contemplates pre-tax profit of $8.4 million in 2012, while reaffirming the firms stated financial targets of 25% pre-tax return on equity and double-digit earnings per share growth over-the-cycle.

Intel Financial Group's Chief Market Strategist, Mr. Eamon O'Donoghue said: "We will aim to accelerate profitable growth by expanding our 'stable' businesses in Private Clients and Asset Management and Global Transaction Banking, whilst at the same time building on our competitive edge in Corporate and Investment Banking. Our recent acquisitions prove our determination to expand our franchise. We will invest further, both in incremental acquisitions and in organic growth, while maintaining our cost, risk, capital and regulatory discipline."

At the Investor Conference, the Group's business heads, together with the Chief Financial Officer and Chief Risk Officer, will give further details of the financial and strategic objectives of Phase 3 of the Management Agenda at Intel Financial Group.

Intel Financial Group has grown to become one of the leading financial investment firms focusing on newly developed and developing markets throughout the Asia-Pacific and further afield. Based in the Asia-Pacific region, Intel Financial Group has its headquarters in the financial capital of one of the region's powerhouses, Hong Kong. With unrivalled links within Asia, and extending to Australasia and the Americas, Europe and the Middle East, Intel Financial Group is now one of the world's leading independent financial institutions serving clients from across the globe.

Established in 1994 by partners, Adrian Chambers Snr. and Vicente Alonso, Intel Financial Group has been at the very forefront of financial management and advice, working with investors around the globe. With its foundations in Hong Kong, Intel Financial Group is well placed to work with the developing markets in Asia, particularly in sectors which are gaining prominence through a consumer class boom in economies previously considered under-developed.

Although primarily based in Asia, Intel Financial Group's global reach means it is not limited to working with Asian companies. Intel Financial Group scours the world for investment opportunities amongst companies that are well placed to capitalise on emerging growth. Recently Intel Financial Group's operations have been expanded to take in Latin American and Australasia, following the acquisition of several research firms in 2000-2006, and the company changed our name from Chambers & Alonso Partnership to Intel Financial Group.