The transaction is aimed at enhancing the global long-term potential of both firms.
Category: Business moves
Schroders announces annual cost savings target in strategic shift
New three year targets announced in Richard Oldfield’s first results since taking over as CEO last November.
BlackRock completes purchase of Preqin
The world’s biggest asset manager has acquired Preqin, a provider of private markets data.
Jupiter gets capital markets services licence in Singapore
Madeline Han, head of Asia and CEO for Singapore at Jupiter Asset Management, explains why the firm is expanding into retail distribution in the Lion City.
PGIM plots intermediary push in Asia
PGIM’s Matt Shafer explains how the firm is gaining market share having begun its push into intermediaries in Asia in 2021.
Nikko Asset Management and Tikehau announce joint venture
The Singapore-based joint venture will focus on developing private asset investment strategies for Asia.
Hang Seng Bank reports profit increase
The Hong Kong bank has enjoyed a growth in new retail accounts and affluent clients.
Tiger Brokers gains HK digital trading license
Tiger Brokers (HK)’s subsidiary YAX has received licenses from the Securities and Futures Commission.
HSBC opens new branches in India
The bank has also expanded its operations in GIFT City with new premises.
