Allianz Global set to buy RHB’s Indonesian asset management arm

Jakarta, Indonesia. Photo: Bayu Syaits/unsplash

Hong-Kong headquartered Allianz Global Investors Asia Pacific Limited, together with PT Asuransi Allianz Life Indonesia, is set to acquire RHB Asset Management Indonesia (RHBAMI), per a statement.

Financial details of the transaction were not disclosed.

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