Head to head: Emerging outlook
Yoram Lustig of T. Rowe Price and JP Morgan’s John Citron go head to head on emerging markets
Yoram Lustig of T. Rowe Price and JP Morgan’s John Citron go head to head on emerging markets
To narrow the health protection gap
As acquirer signs bancassurance agreement with local bank
As the insurer looks to increase its operation in the Asian country
Prudential will pay the bank a fee of S$1.15bn over a 15-year period as part of the deal
Despite the return of market volatility, a Vietnam equity fund managed by JP Morgan Asset Management has soared to the top as best performer, according to data from FE Analytics.
The Vietnamese Government is planning to make it easier for international life insurance companies to operate in the local market, deputy prime minister Dinh Hue Vuong has said.
Aviva’s life insurance joint venture in Vietnam has become a wholly-owned subsidiary after the UK insurer acquired the entire 50% share capital of its former partner, VietinBank.
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FWD Group, the insurance arm of Asia-based Pacific Century Group, has secured regulatory approval to buy Great Eastern Life’s Vietnamese business for S$48.2bn (£24.5bn, $35.6bn, €32.3bn).
International investors will be able to take a 100% stake in Vietnamese companies when the country scraps its foreign ownership limits in September, which T. Rowe Price’s Oliver Bell said will remove reluctance to invest in the market.
Dubai-headquartered advisory firm Globaleye, has opened a new office in Ho Chi Minh City.