Exclusive: Aegon Asset Management ceases Hong Kong operations, to close Japan office by year-end
The firm will be left with Shanghai as its only presence in Asia, but sources say its joint-venture business has been performing "tremendously well".
Aegon Asset Management has ceased distribution activities in Asia outside of mainland China as it focuses its resources on Europe and the US.
The asset management arm of Aegon Group had wrapped up operations in Hong Kong and plans to wind down its Japan operations by the end of the year, sources familiar with the matter told AsianInvestor. A spokesperson has since clarified that both offices shut down distribution activities on Wednesday (August 31), but the Hong Kong entity will …
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