Macquarie Investment Management‚ part of Macquarie Funds Group‚ has completed the acquisition of ING Investment Management Korea from ING Group.
Category: Business moves
BNY Mellon separately managed account busi Singapore
BNY Mellon, which recently received a capital market services licence from the Singaporean regulator, has expanded its separately managed account business in the city-state.
Citibank in pact with Cimb principal in Malaysia
Citibank (M) Berhad has entered into an agreement with CIMB-Principal Asset Management Malaysia‚ becoming the first foreign bank in the country to distribute private retirement scheme solutions.
Standard Life sets up Asia advisory board
Standard Life has established an Asia advisory board to provide guidance and advice on its strategy to grow across the region.
Manulife holdings completes Maakl mutual buy
Manulife Holdings Berhad‚ a part of Canada-based Manulife Financial has completed the acquisition of MAAKL Mutual Bhd following the receipt of regulatory approval.
Ashmore granted licence to invest in China market
Ashmore has become the first fund manager outside of Hong Kong to receive a licence which will allow it to invest in Chinas domestic securities market.
Nomura to buy ING Asset Management Taiwan
Nomura Asset Management Company is to acquire ING Groups asset management operations in Taiwan, making it the first Japanese asset manager to operate there.
BNY Mellon in tie-up with nine managers
BNY Mellon has partnered with nine global asset managers for its separately managed account services catering to high net worth individuals in Singapore and Hong Kong.
Threadneedle gets OK for Malaysia ops
Threadneedle is to begin offering its asset management services in Malaysia after receiving local regulatory approval.
Manulife Holdings Berhad to buy Maakl Mutual
Manulife Holdings Berhad, the Malaysian arm of Canada’s Manulife Financial, has agreed to acquire MAAKL Mutual, a Malaysian unit trust company, from the MAA Group Berhad and other shareholders.
