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    Manulife asset and wealth arm reaches deal to acquire Schroders' Indonesia business

    Picture of Manulife Financial logoManulife Financial
    24/09/2025 09:44
    HONG KONG, Sept 24 (Reuters) - Manulife Financial Corp's MFC.TO wealth and asset management arm said on Wednesday it has signed an agreement to buy UK asset manager Schroders' SDR.L business in Indonesia.

PT Manulife Aset Manajemen Indonesia, the Canadian financial group's local unit, will acquire PT Schroder Investment Management Indonesia, pending regulatory approval, according to a joint statement by Manulife and Schroders.

 (Reporting by Selena Li; Editing by Joe Bavier)

 ((Selena.Li@thomsonreuters.com; +852 39525868;))

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