Day: January 18, 2021

Banking Fraud

Monetary markets are among the most necessary and dynamic techniques on the earth. A value record circulating on China’s web for a business on the Wuhan market lists a menagerie of animals or animal-based merchandise together with dwell foxes, crocodiles, wolf puppies, giant salamanders, snakes, rats, peacocks, porcupines, camel meat and different game – 112 objects in all. Monday was the primary time in more than every week that Chinese language buyers have been able to react to a viral outbreak that has now killed more individuals than the 2002-03 SARS outbreak, and so they bought frantically.

In addition to development strategies, within the 2002 Journal of Business and Industrial Marketing, Henson and Wilson discuss the intense modifications that have occurred within the monetary service trade and how many corporations are trying to develop and execute profitable methods primarily based on progressive know-how and customers. Aside from the common ups …

UOB completes acquisition of Vietnam fund manager, Companies & Markets

Mon, Jan 18, 2021 – 11:35 AM

UOB Asset Management (UOBAM) announced on Monday that it has completed the acquisition of VAM Vietnam Fund Management Joint Stock Company first reported over a year ago, in a move that will rev up its presence in Asean.

The entity will be renamed UOB Asset Management (Vietnam) Fund Management Joint Stock Company, subject to regulatory approval.

It was earlier announced in December 2019 that the Vietnam firm was acquired for a cash consideration of 113.68 billion dong (S$6.7 million). As at Oct 31, 2019, its net asset value was about 26 billion dong and it had assets under management of around 114 billion dong.

Founded in 2009, VAM Vietnam Fund Management Joint Stock Company provides investment management advisory and services to institutional and individual investors through solutions such as corporate structured funds and segregated accounts, or portfolios managed on a discretionary basis.