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Mitsubishi UFJ to Acquire UBS Fund Unit for Up to 30 Billion Yen
Mitsubishi UFJ Financial Group Inc. will buy a UBS Group AG unit that provides services to alternative investment funds for as much as 30 billion yen ($244 million) to expand its administration business. The purchase will more than double Mitsubishi UFJ Trust & Banking Corp.’s assets under administration to $260…
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Click here to read the full story: Bloomberg