Maybank Asset Management Group, the fund management arm of Malaysian lender Maybank, has inked a memorandum of understanding (MoU) with Japan’s Diam Asset Management (DIAM) to venture into cross-border distribution of funds across the ASEAN countries and Japan.
Under the partnership, MAMG will work with DIAM to develop fund management strategies. The strategies will cover an array of risk profiles and investment styles to serve various types of investors.
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The firms will also make use of their respective regional strengths, research resources, expertise and presence to cater to specific investment needs of customers.
In addition to its Japan headquarters, DIAM also operates from Singapore, Hong Kong, London, and New York offices.
The firm offers a spectrum of full-service managed solutions in Japanese equity and fixed-income along with pension and retirement planning products.
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