The firm has joint ventures in Taiwan with Changhwa Bank and in Korea with Housing Commercial Bank now merging with Kookmin Bank, as well as with OUB in Singapore. Although it stands alone in some markets such as the Philippines, it is comfortable working with local partners. In Japan it has a JV with another foreigner, Principal Insurance, to cover the local defined contribution market.
ING Investment Management has investment capabilities in Hong Kong for insurance products and in Singapore for retail and institutional mutual fund and discretionary business. Those offices were established in 1996 and 1997, respectively Singapore operations were acquired from Bank Brussels Lambert.
In general the firm seeks to...
