ANZ Wealth Managing Director John Van Der Wielen has commented on UBS Global Asset Management’s (UBS Global AM) acquisition of ING Investment Management from ING Group.
Van Der Wielen said, “UBS Global Asset Management is an experienced and highly-rated investment manager with a proven track record in Australia. This acquisition is a positive for our business and our customers.”
“Our priority is to work closely with UBS as they transition to ownership of ING Investment Management Australia.”
“We have plans to grow our Wealth business and this broader relationship with UBS Global AM will offer ANZ a number of strategic benefits for our business and customers.
“It will provide new opportunities as we leverage UBS Global AM’s strengths in global investment management, research, asset allocation and advisory services.”
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