Axa Investment Managers and Kyobo Life have been in partnership since 2008 and manage W45trn of assets.
Category: Business moves
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.
Fullerton launches Indonesian firm with Stockbit
Fullerton had earlier signed a strategic partnership with Indonesia’s Stockbit.
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.
