Business
Manulife Wealth & Asset Management Completes Acquisition of Schroders Indonesia
Manulife Wealth & Asset Management today announced that it has completed its previously announced transaction to acquire PT Schroder Investment Management Indonesia ("SIMI") through PT Manulife Aset Manajemen Indonesia ("MAMI"), following the satisfactory completion of closing conditions including regulatory approval from the Otoritas Jasa Keuangan (OJK).
About this update from Manulife Financial Corporation
[{"type":"text","content":"HONG KONG and JAKARTA, Indonesia, April 1, 2026 /PRNewswire/ -- Manulife Wealth & Asset Management today announced that it has completed its previously announced transaction to acquire PT Schroder Investment Management Indonesia ("SIMI") through PT Manulife Aset Manajemen Indonesia ("MAMI"), following the satisfactory completion of closing conditions including regulatory approval from the Otoritas Jasa Keuangan (OJK).","length":445,"tagName":"p"},{"type":"text","content":"This milestone signals the start of the implementation phase and the structured integration of MAMI and SIMI. During the integration period, Manulife Wealth & Asset Management will operate both MAMI and SIMI in parallel, maintaining their current structures while implementing a phased integration. Clients, partners, and employees will receive regular updates on branding, product changes, and operational enhancements to ensure clarity and continuity throughout the transition.","length":483,"tagName":"p"},{"type":"text","content":""We are pleased to mark the formal addition of Schroders Indonesia to Manulife Wealth & Asset Management," said Fabio Fontainha, Head of Wealth and Asset Management, Asia, Manulife. "The completion of this acquisition reflects our long–term commitment to Indonesia and further consolidates MAMI's position as the country's largest asset manager. By combining the capabilities of two leading asset managers, we are shaping a stronger, more future–ready platform—one with the scale, innovation capacity, and global insight to broaden our offerings and elevate the value we deliver to clients. It strengthens our foundation for growth and positions us to navigate changing market conditions with clarity and a sustained focus on long–term value creation."With the close of the transaction, MAMI's established leadership and global investment insights will be complemented by SIMI's in-market investment expertise and its long-standing intermediary and institutional relationships. Together, the combined platform will offer enhanced scale, deeper investment resources, and a broader suite of solutions designed to deliver attractive long–term outcomes across market cycles.","length":1216,"tagName":"p"},{"type":"text","content":"Afifa, CEO & President Director, PT Manulife Aset Mana...