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.
Category: Business moves
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.
Tikehau Capital opens in Singapore
Paris-based asset manager Tikehau Capital has opened an office in Singapore and will offer its investment products to Asian investors.
Schroders brand Cazenove
Following Schroders’ acquisition of Cazenove Capital last year, all of the UK fund manager’s private client business in Asia will come under the Cazenove brand name, according to Sandy Dudgeon, Cazenove’s managing director in Asia.
Alibaba IPO
The September IPO of China’s ecommerce giant Alibaba is expected to be the largest in US history, but it could have a negative impact on many companies in China’s internet sector, said Yue Yao, senior equity manager at Morningstar in China.
Malaysian Ringgit appeals to Credit Agricole pb
Credit Agricole Private Banking is recommending clients allocate to the Malaysian ringgit as an outperformance theme versus Europe and Japan.
CIMB Principal to buy Finansa AM in Thailand
CIMB-Principal Asset Management has entered into a deal to acquire Thailand’s Finansa Asset Management.
Nomura Asset Management opens in Dubai
Nomura Asset Management has opened an office in the Dubai International Financial Centre, its first in the Middle East.
