The transfer from Société Générale Asset Management will ensure compliance with Chinese ownership rules and allow Lyxor to operate on the mainland for the first time.
Following the launch of five new funds and with plans for 15 more next year, the Canadian insurer's Singapore asset management unit has poached a portfolio manager from SociTtT GTnTrale.
The real work of figuring out the structure of the Credit Agricole/SG asset management merger wonÆt begin until September.
Working groups are being set up to iron out the details of the merger and its impact on businesses in this region.
The combined entity will become the ninth largest asset manager in the world.
SGAMÆs strategist connects the dots between rising labour costs in both emerging and developed markets, and the opportunities that will arise as a result for institutional investors.