Azimut increases stake in Youmy WM in China's push

Eugenia Jiménez
clock
Azimut increases stake in Youmy WM in China's push

Azimut has signed an agreement with the Chinese manager Youmy Wealth Management aimed at increasing the presence of the Italian Group across China. The agreement focuses on the development of a strategic commercial relationship between Youmy and Azimut's Hong Kong subsidiary as well as an incremental equity participation in Youmy shareholding, subject to regulatory approval from local authorities. Youmy, founded in 2014, is built on an innovative business model based on partnerships wit...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login