Nikko Asset Management acquires DBS unit, building further on Asian expansion strategy

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Nikko Asset Management acquires DBS unit, building further on Asian expansion strategy

Nikko Asset Management (Nikko AM) has bought DBS Asset Management (DBSAM) — taking the next step in its strategy to expand in Asia Pacific, only three weeks after the Tokyo-based company acquired Australia’s Tyndall Investments from Suncorp Group.

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