BUSINESSAug 5 · 05:14 UTCBLOOMBERGManuel Baigorri, Leonard Kehnscherper, Elffie Chew and Chanyaporn Chanjaroen

AllianzGI to Buy UOB Asset Management to Grow in Southeast Asia

Allianz Global Investors agreed to buy the asset management division of Singapore’s United Overseas Bank Ltd. to expand in Southeast Asia.

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Allianz Global Investors GmbHorganizationUnited Overseas Bank Ltd.organizationSoutheast Asiaplace

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