
Dai-ichi Life Holdings intends to buy a 15% stake in M&G
M&G will be Dai-ichi Life HD’s preferred asset management partner in Europe, and will consider selling M&G products in Asia.

Franklin Templeton creates unit dedicated to central banks and sovereigns
The asset manager has named co-heads for its newly created Global Official Institutions Group.

Mirova and Thematics AM to merge, forming $40bn boutique
Mirova and Thematics Asset Management have announced a strategic merger, expected to close in Q4 of 2025.

Lombard Odier forms alliance with Hong Leong Bank
Hong Leong Bank also announced a new enhanced private banking service in Singapore and Malaysia.

Fidelity names James Sun as general manager of China mutual fund
Shanghai-based James Sun will lead Fidelity’s wholly owned mutual fund business in China.

MSCI and Intapp to collaborate on private capital market intelligence
The planned partnership will unlock access to MSCI’s private capital, real asset and deal data via Intapp DealCloud’s AI-powered platform.

TRP agrees distribution partnership in Japan
The T. Rowe Price US Structured Research Equity strategy will be available to retail investors in Japan through Rakuten Securities’ online distribution platform .

Temasek’s Gabriel Lim named as new Seviora Holdings CEO
The transition comes as Seviora Holdings’ current CEO Jimmy Phoon is set to retire later this year.

VP Bank raises profile in Singapore
VP Bank builds relationships in Singapore after closing its Hong Kong office last year.

HSBC opens new Singapore wealth centre
The wealth centre is the second of three that HSBC plans to open by the end of this year.

UBS partners with 360 ONE in India
UBS has formed a collaboration with 360 ONE WAM on wealth management in India and international markets.

HSBC opens wealth centre in Hangzhou
It is the UK bank’s sixth wealth centre launched in mainland China during the past six months.

AllianzGI names Michael Krautzberger as new CIO for public markets
The promotion comes amid a reshuffling of leadership as the firm’s global head of investments Deborah Zurkow retires later this year.