Free Newsletter Get the hottest Fintech Singapore News once a month in your InboxAllianz Global Investors will acquire UOB Asset Management for S$555 million under an agreement with UOB. The acquisition covers UOB Asset Management’s operations in Singapore, Brunei, Indonesia, Japan, Malaysia, Taiwan, Thailand and Vietnam. All 500 UOB Asset Management employees will transition to Allianz Global Investors, which has pledged to maintain their employment. Customers will continue to be able to access, invest in and redeem UOB Asset Management funds during the transition. UOB Asset Management has been part of UOB Group for 40 years and had about S$42 billion in assets under management as of 31 December 2025.