What can stop Asia AUM growth? ôRienö
SGAM chairman Alain Clot says the Asian business, today mostly retail, will see institutional assets grow quickly.
Institutional business from Asia Pacific will be the fastest component in SG Asset ManagementÆs global operation, says Alain Clot, chairman and CEO of SGAM Group in Paris.Since the firm made its initial forays into the region 10 years ago, starting with the acquisition of Yamaichi SecuritiesÆ asset-management business in Japan in 1997, funds sourced from the region have reached $56.5 billion of the firmÆs Ç393 billion ($554 billion) global AUM, as of June 30. (These figures do not inc…
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