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Cathay SITE and Nippon Life India Asset Management sign LoI for exclusive strategic collaboration

Cathay SITE (Securities Investment Trust) the largest Asset Manager in Taiwan, today signed a Letter of Intent (LOI) for an exclusive strategic collaboration with Nippon Life India Asset Management (NAM India), a subsidiary of Nippon Life Insurance, one of the largest life insurance companies in Japan. As a part of the LOI, both CATHAY SITE & NIMF will work exclusively with each other and use their expertise to explore areas for developing, managing, marketing and distributing each other s investment products in India and Taiwan. Both companies will seek to develop and explore business opportunities in active and passive strategies, leveraging upon their specific investment and distribution reach, in India and Taiwan.

FSC to introduce rules for ESG funds | Asia Asset Management

Taiwan’s financial regulator will soon introduce new rules to prevent greenwashing of environmental, social and governance (ESG) funds. Fund managers will have to comply with a set of disclosure guidelines for launching new ESG funds, says Chen-Shan Chang, director general of the Financial Supervisory Commission’s (FSC) securities and futures bureau. The new rules “are to prevent public misconception that ESG funds and greenwashing are the same thing”, he says in a statement on April 14. Greenwashing refers to the practice of making exaggerated and unsubstantiated claims about how environmentally friendly a fund is to lure investors. The FSC will announce details of the new rules in July. Chang says the regulator may follow Hong Kong’s ESG disclosure initiative.

Nippon AMC ties up with Cathay SITE for cross-selling products

Nippon Life India AMC rises 2% after company signs deal to explore Taiwan market

Nippon Life India AMC rises 2% after company signs deal to explore Taiwan market SECTIONS Last Updated: Apr 15, 2021, 02:24 PM IST Share Synopsis Cathay SITE and Nippon will work exclusively with each other and use their expertise to explore areas for developing, managing, marketing and distributing each other’s investment products NAM India runs the Nippon Mutual Fund. Related NEW DELHI: Nippon Life India Asset Management Ltd (NAM India) shares rose after the company signed a deal with Cathay SITE (Securities Investment Trust), the largest asset manager in Taiwan, for exclusive strategic collaboration. As a part of the deal, both Cathay SITE and Nippon will work exclusively with each other and use their expertise to explore areas for developing, managing, marketing and distributing each other’s investment products in India and Taiwan.

12-04-2021 12:16 - KAP: ATLAS ATLAS MENKUL KIYMETLER YATIRIM ORTAKLIGI A S HAFTALIK RAPOR

12-04-2021 12:16 - KAP: ATLAS ATLAS MENKUL KIYMETLER YATIRIM ORTAKLIGI A S HAFTALIK RAPOR
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