Fullerton had earlier signed a strategic partnership with Indonesia’s Stockbit.
Category: Business moves
Franklin Templeton opens contact office in Korea
Franklin Templeton announced plans to open the contact office in January.
Indosuez to acquire majority stake in Degroof Petercam
Indosuez Wealth Management will complete the acquisition next year, subject to regulatory approval.
Strong performance in wealth management lifts DBS’ 2Q profits
DBS’ consumer banking/wealth management income increased 48% in the first half of the year.
BlackRock enters Indian asset management industry with JFS JV
The new JV will begin operations once regulatory sign-off is achieved.
UBP reports CHF140.6bn in AUM in 1H2023
The Swiss bank’s assets under management were largely flat compared with the end of last year.
Allfunds launches private asset investments platform
The B2B wealthtech company launched a dedicated team to help distributors access alternative investments earlier this year.
M&G Investments expands to Taiwan
The company has named Berny Lin as chairman of the board of directors for M&G Taiwan as well as Steven Wang as general manager.
UBS completes acquisition of Credit Suisse
Deal offers clients ‘enhanced global offering, broader geographic reach and access to even greater expertise’.
Hong Kong launches family office network
The new initiative will bring together lawyers, trust companies, accountants, private banks and more.
