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UOBAM completes acquisition of Vietnam fund manager

UOBAM completes acquisition of Vietnam fund manager
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Indonesia generalRepublic ofNhat leTinh haVietnam foreign investment agencyVietnam fund management joint stock companyFund management joint stock companyThio boon kiatForeign investment agencyAsset managementஇந்தோனேசியா ஜநரல்குடியரசு ஆஃப்நிாட் லெடின் எச்ஏவியட்நாம் நிதி மேலாண்மை கூட்டு ஸ்டாக் நிறுவனம்நிதி மேலாண்மை கூட்டு ஸ்டாக் நிறுவனம்

UOB completes acquisition of Vietnamese fund manager

Deal expands company’s network to nine markets across Asia 19 Jan 2021 | UOB Asset Management (UOBAM) is strengthening its presence in the Asean region through the completion of its acquisition of VAM Vietnam Fund Management Joint Stock Company (VAM VN). With the latest addition of Vietnam to its regional network, UOBAM now has presence in nine markets across Asia – Brunei, mainland China, Indonesia, Japan, Malaysia, Singapore, Taiwan, Thailand and Vietnam. Founded in 2009, VAM VN provides investment management advisory and services to institutional and individual investors through solutions such as corporate structured funds and segregated accounts. The firm will be renamed UOB Asset Management (Vietnam) Fund Management Joint Stock Company, subject to regulatory approval.

Indonesia generalRepublic ofNhat leTinh haVietnam fund management joint stock companyFund management joint stock companyBoon kiatAsian financeAsset managementWealth managementBelt road onlineAsian investorsInstitutional investorsAsian economyஇந்தோனேசியா ஜநரல்குடியரசு ஆஃப்

UOB Asset Management completes purchase of Vietnam firm

Singapore’s UOB Asset Management Ltd has completed its S$6.7 million (US$5.04 million) acquisition of VAM Vietnam Fund Management Joint Stock Company, a move that expands its operations to nine countries in Asia, including China, Indonesia, Japan, Malaysia, Taiwan and Thailand. The acquisition was announced on December 2, 2019. The Vietnamese firm, which had 114 billion dong ($4.95 million) of assets under management as of end-October 2019, will be renamed UOB Asset Management (Vietnam) Fund Management Joint Stock Company. Thio Boon Kiat, group chief executive officer of the Singapore asset manager, describes Vietnam as a “rising star” in Southeast Asia, and says the company can now offer its suite of solutions to institutional and retail investors there.

Republic ofIndonesia generalAssociation of southeast asian nationsAsset management ltdVietnam fund management joint stock companyManagement ltdFund management joint stock companyFund management joint stockBoon kiatSoutheast asiaSoutheast asian nationsகுடியரசு ஆஃப்இந்தோனேசியா ஜநரல்சங்கம் ஆஃப் தென்கிழக்கு ஆசிய நாடுகள்சொத்து மேலாண்மை லிமிடெட்வியட்நாம் நிதி மேலாண்மை கூட்டு ஸ்டாக் நிறுவனம்

UOB completes acquisition of Vietnam fund manager

UOB completes acquisition of Vietnam fund manager
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.