Morgan Stanley PE Asia backs Hong Kong financial advisor AMTD
Tuesday, October 21, 2014
(AVCJ by Tim Burroughs) – Morgan Stanley Private Equity Asia (MSPEA) has invested an undisclosed sum in AMTD, Hong Kong’s leading independent financial planner (IFA) and insurance broker.
The PE firm will work with AMTD's existing backer, Cheung Kong Group, to develop the company's financial planning and asset management businesses for high-net worth customers in Greater China. In particular the investment is intended to augment AMTD's product range, market knowledge and operational capabilities.
