AMP Capital Investors divests 15% stake to Mitsubishi UFJ
AMP Capital Investors has divested a 15% stake in itself to Japan’s Mitsubishi UFJ for A$425 million ($433.5 million), coming as the Australian fund manager looks to break into Japan.
AMP has publicly said that the deal will give the firm access to approximately 80% of Japan's institutional investors and about 14% of its retail and high-net-worth banking networks. AMP claimed that 9%...
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