KKR And SBI Holdings To Set Up Joint Venture To Sell Mutual Funds To Individual Investors
Portfolio Pulse from Charles Gross
KKR & Co Inc and SBI Holdings Inc are planning to set up a joint venture to sell mutual funds to individual investors, according to a report by Nikkei cited by Reuters.
September 11, 2023 | 10:06 am
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POSITIVE IMPACT
KKR & Co Inc is setting up a joint venture with SBI Holdings Inc to sell mutual funds to individual investors. This could potentially increase KKR's revenue and market presence.
The joint venture between KKR & Co Inc and SBI Holdings Inc to sell mutual funds to individual investors could potentially increase KKR's revenue and market presence. This is because the partnership could help KKR tap into a new customer base, thereby increasing its sales and profits.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100