Chuo Mitsui Asset Trust and Banking Company has formed a strategic alliance for reciprocal asset management services with Standard Life Investments Limited, reported the Nihon Keizai Shimbun on 29 July.
The deal gives Chuo Mitsui better access to UK, continental European and other markets for its Japanese fund management capabilities. Standard Life would gain access to the Japanese market with its global equity portfolio management services. Both firms would also be able to market its investment strategies through their respective distribution networks.
Financial Alliance
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