Manulife IM, Samsung AM ally to target asset owners with alts
The Canadian and Korean asset management operations of two life insurers have agreed to jointly take advantage of rising institutional investor demand for Asian alternative assets.
Asset managers across the Asia region are increasingly seeking out partners to burnish their credentials and distribution reach to better meet the demand of asset owners for alternative assets in the region.
Manulife Investment Management (Manulife IM) and Korea-based Samsung Asset Management (Samsung AM) are the latest to do so. Today (April 9) they are announcing that they have signed a memorandum of understanding (MoU) that will see the two fund houses collaborate on products i…
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