Nikko AM to acquire rival DBS

clock •

ASIA - Japan's Nikko Asset Management is strengthening its presence among institutional investors as it announced a deal to buy key parts of rival DBS Asset Management this morning.

It is its second acquisition of a mainly institutional asset management rival in the region in under a month. The $120bn Japanese asset manager, previously owned by Citi and since 2009 part-owne...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Author spotlight

David Walker

View profile
More from David Walker

Stock markets plunge worldwide

Hedge funds not systemically risky, but City regulator issues caveats

More on Asia

Asia

Asia assets to hit $4trn by 2015

ASIA - Asia ex-Japan and Australian assets are set to double by 2015, reaching $4tr, according to a recent study by Cerulli Associates.

Jenny Cosgrave
clock 25 October 2011 •
Asia

Asian investors to search for returns in alternatives

ASIA - Asian institutional investors outside of Japan are looking to boost returns by investing more heavily in liquid alternatives, high yield debt and emerging markets while Japanese investors are looking for non-domestic opportunities, a new survey...

Raquel Pichardo-Allison
clock 12 October 2011 •
Asia

Aviva appoints Asia Pacific business development head

ASIA - Aviva Investors has appointed Patrick Chong as head of financial institutions business development - Asia Pacific.

Chris Panteli
clock 06 October 2011 •
Trustpilot