Asia
Open ended fund structure planned for Hong Kong
The Hong Kong government has announced measures to boost the development of the local asset management industry.
aberdeen am to acquire Indonesian fund manager
Aberdeen Asset Management Asia has entered into an agreement with Indonesia’s NISP Sekuritas to acquire an 80% stake in NISP Asset Management.
singapores fullerton to open london office
Fullerton Fund Management a wholly-owned subsidiary of Singapore state investor Temasek Holdings is to set up an office in London, and will be shortly applying for a license from the Financial Conduct Authority.
varley to lead axa hk singapore push
Axa Hong Kong (Life) and Axa Singapore (Life) are to target Asia’s growing number of high net worth individuals with a new range of products and services, and have named David Varley to oversee the operation.
st jamess place in advanced stage of acquiring
St James’s Place Wealth Management, the Cirencester-based UK wealth management network, is at an “advanced stage” of acquiring the Henley Group, the Singapore-based wealth manager founded by Antony Michell, it has emerged.