Brief: Cathay Financial Launches Its Asia Asset Management Center
01/07/2025 08:09
July 1 (Reuters) - Cathay Financial Holding Co Ltd 2882.TW, parent of Taiwan's biggest life insurer: LAUNCHES OUR ASIA ASSET MANAGEMENT CENTER ON TUESDAY OUR NEW ASIA ASSET MANAGMENT CENTER WILL TARGET INVESTORS WITH NET WORTH OF T$100 MILLION ($3.4 MLN), EXCLUDING REAL ESTATE, AS POTENTIAL CLIENTS AS OUR NEW ASIA ASSET MANAGEMENT CENTER BUSINESS EXPANDS, SO WILL ITS CONTRIBUTION TO OUR PARENT GROUP The opening of Cathay Financial's asset management center is part of Taiwan's broader aspiration to become an asset management hub for Asia. Source text: [ID:] Further company coverage: 2882.TW (Reporting by Faith Hung) ((faith.hung@thomsonreuters.com;))
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