With shareholders including Amundi, the IM Square platform aims to acquire minority stakes in “entrepreneurial” asset management companies in the US, Europe and Asia.
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The French asset manager's Emerging Markets Talents fund holds local interest for Asian investors, with more than half its assets invested in the region.
Alan HardenÆs return to Asia fills a big gap but another opens as Carlo Venes departs ING Investment Management to follow former boss Chris Ryan.
Tony Archer will spearhead expansion into new Asian markets.