Aberdeen Asset Management Asia has entered into an agreement with Indonesias NISP Sekuritas to acquire an 80% stake in NISP Asset Management.
Category: Business moves
Singapore Fullerton to open London office
Fullerton Fund Management a wholly-owned subsidiary of Singapore state investor Temasek Holdings is to set up an office in London, and will be shortly applying for a license from the Financial Conduct Authority.
Eastspring Investments ties up with HSBC
Eastspring Investments Indonesia and HSBC Indonesia have entered into an agreement to distribute the asset managers Alpha Navigator equity fund to the banks retail customers in the country.
Hermes bolsters Asia presence
Hermes Fund Managers has appointed Jakob Nilsson as director of business development for Asia.
State Street sets up office in Shanghai
State Street Corporation has set up an office in Shanghai to provide alternative investment servicing solutions to its hedge fund clients.
Haitong Securities sets up co in Singapore
Haitong International Securities Group has established its first company in Singapore aiming to tap the demand for Renminbi-denominated products.
East Capital latest in China A Shares rush
Emerging markets specialist East Capital has launched the Luxembourg registered China A-Shares Fund, to be managed out of its Stockholm HQ and Hong Kong.
Fullerton Fund Management opens in Japan
Fullerton Fund Management a wholly owned subsidiary of Singapore state investor Temasek Holdings has opened its first office in Japan.
Standard Life Investments sets up new office in HK
Standard Life Investments has set up a new office in Hong Kong as part of its on-going Asian expansion plan and in order to make the region its Asia Pacific hub.
Nordea AM establishes Singapore sales team
Nordea Asset management has established its first distribution team in Singapore.
