The agreement aims to expand cooperation between the two asset managers across product development, research and cross-border investment opportunities.
China Asset Management (ChinaAMC) and KB Asset Management (KBAM) have signed a strategic memorandum of understanding (MOU) in Seoul to strengthen cooperation between the Chinese and South Korean asset management markets. The partnership is intended to combine ChinaAMC's expertise in Chinese assets The agreement establishes a framework for collaboration in areas including product development, market intelligence sharing and the exchange of investment research and views. The firms noted that