Woori AM taps BNY Mellon for sub-advisory
KoreaÆs Woori looks beyond its previous JV with Credit Suisse to deliver international equity expertise to its clients.
South Korea's Woori Asset Management has mandated BNY Mellon Asset Management for 10 different international equity mandates totalling $388 million.This is Woori's response to the break up of its former funds joint venture with Credit Suisse, which ended earlier this year in the wake of CS' decision to sell most of its long-only business to Aberdeen Asset Management.Woori AM is the seventh largest onshore fund house, with W15 trillion ($10.1 billion) of assets under management, which …
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.