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Why Amova Bought AHAM: CEO Weighs In
Description
In June, Amova Asset Management completed its acquisition of AHAM Capital. The Japanese asset manager now controls a business with over RM100 billion in assets under administration.
Stefanie Drews, President and CEO of Amova Asset Management Group, joins us to explain why an acquisition in Malaysia made sense over other Asian markets, what role AHAM will play in the group's broader regional strategy, and whether we could see the brands eventually merge under Amova.
Amova's CEO views Malaysia much like Japan: a market where household wealth sits largely in bank deposits rather than capital markets, presenting enormous long-term upside.
She also details the functional capabilities Amova plans to expand in Malaysia rather than Singapore, the brand strategy ahead, and how key Shariah-compliant investment capabilities factor into Amova's bigger global plans.
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