Tag: abn amro

French fund house BNP Paribas Investment Partners' new asset-management joint venture with Taiwan Cooperative Bank comes as a surprise to some. The Canadian insurer gets a head-start in China by buying a 49% stake in the ABN Amro Teda Fund Management joint venture from BNP Paribas. The sale will be made to comply with regulations. Fortis had to sell one of its asset management companies in China and opted to keep Fortis Haitong. KC Reddy will lead the fund house’s equities and fixed-income investment team. Richard Wohanka, CEO of Fortis Investments, details the new structure and ambitions in Asia following the firm’s acquisition of ABN Amro Asset Management. Local investors can get exposure to five overseas indices and gold with the bank's new warrant product. Senior portfolio manager Mandy Chan says she is closely watching China-related companies that could go through earnings revisions and possible downgrades, looking for good ... The Dutch bank adds eight private bankers to cover China and Taiwan. Lennie Lim leaves ABN Amro Asset Management to take up the role at Legg Mason. Zero Certs target tough-to-access markets and themes, from luxury goods to Pakistan. The bank buys a 14.9% stake in Sydney’s newly opened Lane Cove Tunnel from Cheung Kong Infrastructure, with the view to launching a new trust at the end of the year. Firm launches an index to track the renewable-energy sector. Global warming may be an inconvenient truth, but take heart, a new index product from ABN AMRO could help investors turn climate change into a windfall. Agricultural Bank of China appoints ABN Amro Mellon Global Securities Services as global custodian. Arne Lindman, Asia CEO of the bank’s fund-management arm, explains the business strategy. ABN Amro believes that retail- and private-banking clients in Asia will become major users. Dutch asset manager backs the sector as a hedge against rising inflation and economic uncertainty. The Dutch bank continues its private banking expansion. Hans Diederen named head of private banking for North Asia. Dutch bank looks to strengthen its regional credit cards business.