Asset Management
M&G, Guotai Haitong Securities Enter Wealth Pact

The UK-headquartered organisation said Asia remains one of its most dynamic regions, while its Asia counterpart makes use of the investment expertise of M&G.
  M&G
  Investments and Guotai
  Haitong Securities have signed a pact to expand Chinese
  investors’ access to global markets. 
  
  The collaboration combines M&G’s global investment expertise
  with Guotai Haitong Securities’ position in China. The firms said
  the agreement will provide growth opportunities for both
  companies in the rapidly-evolving wealth management
  landscape.
  
  The pact focuses on four areas: information sharing, asset
  management development, client engagement and investment market
  promotion. It also paves the way for collaboration in investment
  research, product innovation, and global distribution. 
  
  The firms are working on a co-branded Asia-focused fixed income
  solution, with the launch targeted for the coming
  months. 
  
  Other initiatives being considered include Qualified Domestic
  Institutional Investor (QDII)-eligible products and investment
  advisory and distribution arrangements, the businesses said.
  
  “Asia remains one of the most dynamic and fast-growing regions
  globally, offering significant opportunities for active managers
  to generate long-term value,” Joseph Pinto, CEO, M&G
  Investments, said.