China Banking and Insurance Regulatory Commission (CBIRC) granted approval for the asset manager’s joint venture.
Category: Business moves
Manulife IM buys a stake in Arch Capital
The move is meant to enhance its real estate private equity investment business in Asia.
AllianzGI completes purchase of Indonesian asset manager
The firm believes the acquisition will bolster its business in Asia.
SEI taps into Malaysian wealth management industry
The company joins Malaysia’s Maybank Group to expand investment access for rich Malaysians.
Generali to become majority shareholder in Indian life JV
Deal is a ‘further step ahead in our growth journey in this high potential market’.
China approves Schroders wealth JV
The partnership is the third Sino-foreign joint venture wealth management company approved to start business.
Schroders and Nexus develop tech-based fund accounting
The project aims to reduce manual data extraction and processing.
AIA Singapore merges wealth and health offerings
The move is meant to meet the ‘underserved needs’ of high net worth clients.
