CHINA - AEGON has acquired almost half of the Chinese mutual fund manager, Industrial Fund Management Company (IFMC), to enable IFMC to expand its activities in the pensions market.
The deal has also been designed to help AEGON expand its asset management business into China. Under the terms of the joint venture, AEGON will control 49% of the company and Industrial Securi...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
