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Showing 1 - 10 of 58 results for "Mitsubishi UFJ"

Seven fund managers scoop up First Sentier mandates

KARREN VERGARA  |  MONDAY, 20 MAY 2024
... FSI's AUM out of its total $238 billion (as at 31 December 2023), meaning about $14 billion will leave the firm. Mitsubishi UFJ Financial Group acquired FSI in 2019 for $4.2 billion. It was previously known as Colonial First State Global Asset Management ...

Link Group rebrands as acquisition completes

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2024
... now be known as MUFG Pension and Market Services, following the implementation of the scheme of arrangement with Mitsubishi UFJ Trust and Banking Corporation, a subsidiary of Mitsubishi UFJ Financial Group. The business comprises two divisions, MUFG ...

Link shareholders approve takeover

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
Link Group shareholders have voted in favour of the proposed acquisition by MUFG's subsidiary Mitsubishi UFJ Trust & Banking Corporation (The Trust Bank). MUFG made the $1.2 billion takeover bid in December last year. MUFG will pay $2.26 cash for every ...

First Sentier axes investment units, AUM takes $14bn hit

KARREN VERGARA  |  TUESDAY, 23 APR 2024
... decision was based upon our long-term view of financial materiality of these businesses," an FSI spokesperson said. Mitsubishi UFJ Financial Group acquired FSI in 2019 for $4.2 billion. It was previously known as Colonial First State Global Asset Management ...

Link, The Trust Bank progress acquisition

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
Link Group is on track to become part of Mitsubishi UFJ Financial Group (The Trust Bank) by mid-2024, having kicked off work to integrate the businesses. In a trading update this morning, Link said it has filed all major regulatory approval submissions ...

Mitsubishi UFJ Financial Group to acquire Link Group

KARREN VERGARA  |  MONDAY, 18 DEC 2023
Mitsubishi UFJ Financial Group (MUFG) is set to pay $1.2 billion for Link Group. MUFG's subsidiary Mitsubishi UFJ Trust & Banking Corporation (The Trust Bank) parties signed the scheme implementation deed today that will pay $2.26 cash for every ...

First Sentier, AlbaCore complete partnership

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
... strategy to accelerate growth. "Today is an exciting and important day for First Sentier Investors, our shareholder Mitsubishi UFJ Trust and Banking Corporation, and our new partner AlbaCore," he said. "The alternative credit capabilities that AlbaCore ...

Ownership changes spur upheaval in unit trust sector

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... Sentier, the manager with the largest net outflows of $12.6 billion, is a good example. It is currently owned by Mitsubishi UFJ Financial Group but was previously called Colonial First State Global Asset Management when it was owned by the Commonwealth ...

First Sentier clients walk away with $13bn

KARREN VERGARA  |  MONDAY, 5 JUN 2023
... investment objectives wherever they operate in the world and whatever the economic conditions," the fund manager said. Mitsubishi UFJ Financial Group acquired FSI in 2019 for $4.2 billion. It was previously known as Colonial First State Global Asset ...

New deputy chief at First Sentier

KARREN VERGARA  |  FRIDAY, 4 MAR 2022
... managing director for the Americas, Bachar Beaini. Prior to FSI, Ueno spent more than 20 years at parent company Mitsubishi UFJ Trust and Banking Corporation (The Trust Bank), working across corporate finance, strategy planning for asset management and ...
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