Cathay Life’s asset management JV gets Hong Kong licences
Cathay Conning Asset Management is preparing to open for business as part of Taiwan-based Cathay Life’s strategy to advance its asset management activities.
Hong Kong’s Securities and Futures Commission has granted licences to an investments affiliate of Taiwan’s Cathay Life Insurance to conduct asset management activities.
Cathay Conning Asset Management has been given the go-ahead from Hong Kong’s regulator with licences to deal in securities, advise on securities and manage assets.
The company is a joint venture between Taipei-based Cathay Financial Holding and Conning & Co, a Hartford, Connecticut-based asset management company fo…
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