The firm has lost four in Singapore including its CIO and two PMs. But it has signed an MoU to acquire an Asian equities boutique with seven investments staff based in the Lion City.
Tag : acquisition
A glut of regional and global asset managers have mapped out Asia and are on the lookout for targets, but lack of M&A opportunities is forcing them to become more pragmatic.
The UK fund house sees appetite for emerging market exposure, particularly China, and multi-asset allocation after completing its acquisition of SEI Asset Korea.
The Japanese finance firm talks bullishly about AM industry growth after moving to buy Robeco, while seller Rabobank denies rumours it held acquisition talks with Macquarie.
Orix Corporation has agreed to acquire 90% of the equity in Robeco from Rabobank for $2.5 billion. It says it intends to keep the Dutch asset manager intact as much as possible.
The acquisitive firm makes the purchase on the grounds that it sees the provision of trust services as a growing trend in the city-state.
The firm questions whether acquisitions are counterproductive to the private banking industry. It comes after Julius Baer’s recent move, with a wave of consolidation forecast.
Group CEO Boris Collardi offers assurances that the Swiss private bank can successfully integrate the international wealth management business of brokerage Merrill Lynch.
Global law firm names new senior attorney in Tokyo.
Pioneer adds Momentum''s fund of hedge fund''s range to its range of funds.
The merger of two insignificant MPF businesses could become awkward.