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Barings moves to buy Korean asset manager

Leigh Powell
The firm agrees to acquire SEI Asset Korea to fast-track its expansion in the country. It will look to ramp up distribution of domestic and global products.
Barings moves to buy Korean asset manager

UK-based Baring Asset Management has signed an in-principle agreement to acquire SEI Asset Korea, with the deal expected to go through by the end of this year, pending regulatory approval.

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