AIA sets up central investment hub, builds team
The Asian insurer has transferred staff from Hong Kong to the new Singapore-based entity, which it established to improve the efficiency of investment operations across the group.
Asian insurer AIA is busy building out a new regional investment hub in Singapore, including transferring professionals from its headquarters in Hong Kong.
The new firm, AIA Investment Management Private (AIAIM), started operations in January, after receiving its asset management licence from the Monetary Authority of Singapore on December 13.
It is the insurer's first group-wide investment operation, which will manage its portfolio of around $140 billion for the 12 local busine…
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