Tariq Ahmad, head of Asia Pacific at Franklin Templeton, said buying out its China partner was one of the options on the table.
Category: Business moves
Nikko AM forms partnership with Osmosis
The agreement will mean the Asian asset manager can broaden its range of sustainable products for distribution in the region.
Aviva Investors plans to open Tokyo office
Aviva Investors’ head of Asia Pacific, Richard Surrency, explains why expanding in Japan makes sense given the AUM growth there.
Team announcement: Editorial
Fund Selector Asia is delighted to announce our editorial team covering the latest news and analysis on the fund selection and asset management industry in Asia.
HSBC agrees to buy Citi’s retail wealth management business in China
The acquisition will add about $3.6bn in assets and deposits to HSBC’s mainland Chinese operations.
Axa IM signs new JV agreement with Kyobo Life
Axa Investment Managers and Kyobo Life have been in partnership since 2008 and manage W45trn of assets.
Nordea AM receives capital markets licence in Singapore
The new licence will allow Nordea AM to carry out portfolio construction and allocation among other things.
AllianzGI receives go-ahead for China fund unit
AllianzGI joins a long list of foreign firms to have received the go-ahead from the CSRC.
Farro Capital parent launches immigration subsidiary
Farro & Co is the new international mobility and immigration solutions subsidiary launched by multi-family office Farro Capital’s parent company.
Endowus raises $35m in latest funding round
The Singapore-headquartered digital wealth adviser tapped Citi Ventures and MUFG Innovation Partners for funding.
