Malaysia’s Maybank Asset Management has entered into a pact with Hong Kong-based Bosera Asset Management to jointly develop funds investing in Shariah-compliant equities within ASEAN and Greater China.
Category: Business moves
RHB AM Convoy in pact
RHB Asset Management has entered into a strategic alliance with Convoy Asset Management to launch a fund in Hong Kong that will explore investment avenues in the ASEAN small and mid-cap companies.
BNY Mellon rollout discretionary business
BNY Mellon Wealth Management intends to launch “comprehensive discretionary investment and wealth management services to high net worth individual investors” after receiving approval from Hong Kong’s regulators, the bank said.
AMP Capital Nikko equity mandate
Australia’s AMP Capital has won an A$175m ($154m) mandate to manage Nikko Asset Management Australia’s equity portfolio on behalf of its multi-manager team.
Amundi to open Asian ETF business next year
Amundi will open an exchange-traded fund business in Asia next year with the intention of doubling its assets under management.
IFS signs first of its kind deal with Jupiter
Jupiter Asset Management is to offer clients of International Financial Services access to one of its flagship Merlin portfolios under a new partnership.
Aviva Investors eyes Asia expansion
Aviva Investors plans to build its Asia capabilities and also intends to seek an RMB Qualified Foreign Institutional Investor license, said Kevin Talbot, chief executive officer, Asia Pacific.
Amundi sets up a MF distribution co in Thailand
Amundi Group has expanded its operations in Asia, setting up a wholly-owned mutual fund brokerage company in Thailand.
Principal Global to build Asia compliance team
Principal Global Investors is expanding its compliance team to address increasing regulations, and the firm has appointed AXA Investment Manager’s Daniel Lam as compliance director.
Robeco Group outlines Japan expansion plans
Netherlands-headquartered Robeco Group has unveiled its strategy to set up full-scale operations and expand its asset management business in Japan.
