The deal would create one of the largest investment firms in Europe, with €1.5trn ($1.62trn) in assets under management.
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The deal would create one of the largest investment firms in Europe, with €1.5trn ($1.62trn) in assets under management.
Moody’s has revised its outlook of the global asset management industry to negative from stable for reasons linked to regulations and the performance of active funds.
A financial industry training programme and the introduction of an open ended fund structure are two initiatives about to launch, said John Tsang, Financial Secretary of Hong Kong.
Part of the Mark Allen Group.