ing investment hires senior portfolio managers
ING Investment Management International has appointed two senior portfolio managers to its emerging market debt team.
ING Investment Management International has appointed two senior portfolio managers to its emerging market debt team.
The ING (L) Renta First Class Yield Opportunities fund is a multi-strategy credit portfolio invested in global high yield, investment grade credit as well as emerging market debt.
ING has completed the sale of its Thai investment management business to UOB Asset Management, marking the company’s exit from another Asian country.
ING has agreed a deal to sell its Korean insurance venture KB Life Insurance Company to its joint venture partner KB Financial Group.
ING Investment Management International has appointed Hans Stoter as chief investment officer and member of its international management committee.
Kuala Lumpur headquartered asset manager Kenanga Investors has bought ING’s Malaysian fund management business, part of a strategic sell-off by ING which also saw it complete the sale of ING Malaysia to AIA Group earlier this week.
AIA Group has confirmed it is to acquire ING’s Malaysian insurance subsidiaries for $1.7bn, subject to regulatory approvals.
ING Investment Management has launched Euro Covered Bond Fund for credit gurus Roel Jansen and Dirk Frikkee.
UK-based asset management company Invesco is reportedly one of the front runners to buy the Asian asset management division of ING.
More than half of middle-income earners in Asia said they intend to buy additional insurance products in the coming year.
Alan Harden has been appointed chief executive officer for the Asia-Pacific region at BNY Mellon.
ING has agreed to sell the majority of its real estate investment management business to the CBRE.