DBS Asset Management
Nikko AM to merge with DBS AM in S$137m deal
Mon, 2010-12-06 11:58 — newsdeskDBS Bank Limited, Sumitomo Trust & Banking and Nikko Asset Management of Japan have signed an agreement to combine DBS Asset Management and Nikko AM.
DBS and Nikko AM will enter into a non-exclusive distribution agreement, whereby Nikko's portfolio of investment products can be distributed through DBS' network in core regional markets.
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