The fund management company will be able to manage both public and private funds in China.
Category: Business moves
Sequoia to spin off China, India/southeast Asia businesses
The two new businesses will come into effect by 31 March next year.
Allfunds and Endowus partner on fund brokerage platform
Hong Kong investors can now access over 160 funds distributed by Allfunds on Endowus’ digital wealth management platform.
Value Partners seals strategic investment from GF Securities
GF Securities is expected to hold a 20.2% stake in Value Partners upon completion.
Abrdn sells stake in Indian life insurer
Company will get around £198m from the share buyback process.
Wellington cuts 5% of staff – reports
The Boston-headquartered investment manager plans to eliminate around 170 roles, according to media reports.
Fullerton Fund Management forms partnership with Indonesian fintech firm
The pair have jointly acquired an Indonesian asset management firm.
UBP acquires Japanese small-cap specialist
The acquisition follows on the heels of a successful partnership between the two firms in the Japanese small cap space.
AlTi expands to Singapore with ALWP acquisition
Anthonia Hui and Leonardo Drago, co-founders of ALWP, will head up the Singaporean business.
Indian asset manager opens London office
It will focus on investment opportunities in Indian markets.
