JP Morgan AM seeks partnerships in Southeast Asia
The global fund house is looking at opportunities in Malaysia, Philippines and Indonesia through a feeder fund structure. But it is most excited about the Hong Kong-China mutual recognition scheme.
JP Morgan Asset Management (JPMAM) is looking to expand its retail business in Southeast Asia, specifically in Malaysia, Indonesia and the Philippines.
However, rather than establishing an onshore business, the fund house is initially looking to expand via a partnership model.
JPMAM will continue to manage Southeast Asia from its hub in Singapore for now, said Michael Falcon, head of funds for Asia Pacific.
Speaking to AsianInvestor about the firm’s funds business in the regio…
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