First Gulf Bank, headquartered in Abu Dhabi, has tied up with Old Mutual's Bermuda-based subsidiary to offer investment plans designed to meet the financial needs of its First Wealth clients who are seeking US dollar denominated investments. First Wealth was set up to target the high net worth individual and mass affluent segments in the Emirates and across the region. It provides a range of investment products and services tailored to the financial planning needs of local and expatriate clients. First Wealth will offer three different plans to its clients: the Universal Investment Plan, which offers long-term growth potential with a variety of investment options; the Guaranteed Index Plan, which links returns to the values of the world's major indices; and the Guaranteed Rate Plan, which offers a fixed rate solution that allows control over maturity and flexibility of return. Old Mutual Bermuda was formed in May 2000 as a subsidiary of UK-based global financial services provider Old Mutual, which has operations in the US, Europe, Africa and Asia. OMB is active in life assurance, asset management, banking and property and casualty insurance. Mufazzal Kajiji, FGB's head of Wealth Management, said: “OMB has become a leading and innovative provider of investment plans in the region and we believe their plans offer the flexibility and choice of investments that our clients require with added living and estate benefits. FGB will offer customised plans to suit the risk profile and ensure the best returns in line with our clients’ objectives.”