UOB AM broadens distribution as China JV wins institutional licence

Singapore’s UOB Asset Management is looking to boost its non-domestic business through its joint ventures in China and Malaysia and by broadening its range of distribution partners outside its home market. Reflecting a rising trend among Asian fund houses to tap international clients, the firm’s joint ventures in China and India are seeing some success, says Thio Boon-Kiat, recently appointed chief executive at UOB AM. The firm's China JV with Ping An Trust Company -- Ping An UO…