Nikko AM embarks on Asia-Pacific acquisition trail

Nov 16, 2010

The Japanese firm has bought Australia's Tyndall Investments in the first of what is likely to be a string of regional purchases.

In August, Japan's Nikko Asset Management stated its desire to recreate the spirit of the former Jardine Fleming Asset Management. The following month AsianInvestor reported that the Tokyo-based firm was among those vying to acquire Singapore's DBS Asset Management.

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