Indonesia
Indonesian tax amnesty a boost for wealth management sector
Indonesia is to offer generous incentives for tax evaders to regularise their finances, a move that has been welcomed by the country’s wealth managers, reports Reuters.
Lion Global and OCBC Bank unveil Asia private equity fund
Singapore-based fund house Lion Global Investors has worked alongside OCBC Bank to build a private equity fund which invests in small and medium-sized companies in Singapore, Malaysia, Indonesia and China.
Aberdeen starts operations in Indonesia
Aberdeen Asset Management Asia has launched its business in Indonesia as a fully licensed onshore fund manager.
Amundi plans Asian expansion
Amundi Group is planning to expand into Asia, according to its chief executive officer, Pascal Blanqué,
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.