AMG comes to Asia, eyes wholesale business in China
The US fund management holding company will open a Hong Kong office later this year with a plan to tap institutional and sub-advisory assets across the region.
Massachusetts-based Affiliated Managers Group (AMG) will join the parade of asset managers setting up in Asia when it opens its Hong Kong office in the coming months. And it sees China as the biggest opportunity, particularly from a wholesale perspective.
Last week, Sean Healey, chief executive of AMG, which holds a series of stakes in boutique investment firms worldwide and has $250 billion in AUM, was in Hong Kong to chat to clients, look at office space and discuss potential acquis…
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