Nikko AM loses Asian equity team, moves to buy boutique
The firm has lost four in Singapore including its CIO and two PMs. But it has signed an MoU to acquire an Asian equities boutique with seven investments staff based in the Lion City.
Nikko Asset Management has lost a team of four Asian equity specialists based in Singapore, AsianInvestor can confirm. It is understood they are moving to UK fund house Threadneedle.
The most senior is chief investment officer Ng Soo-nam, who is working out his notice and will leave by the end of this month. The three others are portfolio managers Christine Seng and Liang Weixiong and analyst Low Wee Jia, who are all working on a similar timeframe.
Nikko AM confirms that Winson …
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