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 : threadneedle
The UK fund house is looking to install an Asia investments team in a drive to build its presence in the region. It is also considering launching a sharia-compliant fund range.
The Asia-Pacific chief of ING IM is to depart, with reports indicating that Ameriprise, the parent of Threadneedle AM, has pulled out of negotiations to buy ING IM's Asia platform.
Threadneedle’s head of European equities, Philip Dicken, says passive indexing has created a good environment for stock-pickers, but expects markets to trade within a range.