360 ONE WAM Limited has announced the strategic consolidation of its business operations. The company will transfer its Alternative Investment Funds (AIF) and Portfolio Management Services (PMS) businesses from 360 ONE Portfolio Managers Limited to 360 ONE Asset Management Limited. This internal restructuring is designed to unify the company’s investment platform and improve its focus on the public equities market segment.
Strategic Business Restructuring
On April 18, 2026, the board of directors for both the transferor and transferee entities approved an internal business transfer. This move involves shifting the AIF Business and PMS Business, which currently operate under 360 ONE Portfolio Managers Limited, into 360 ONE Asset Management Limited. Both entities are wholly owned subsidiaries of 360 ONE WAM Limited.
Details of the Transfer
The business transfer will be executed as a slump sale on a going-concern basis. The consideration for this transaction is set at a lump sum amount, which will not be less than the net book value of the undertaking, subject to standard working capital adjustments. The effective date of this transition will be mutually determined by the respective boards of both subsidiaries.
Rationale for Consolidation
The primary objective of this reorganization is to create a unified investment platform. By concentrating the management of public equities under 360 ONE Asset Management Limited, the company aims to achieve greater operational efficiency and a sharper strategic focus on its core asset management activities. As this is an internal realignment between wholly owned subsidiaries, the transaction will not impact the company’s existing shareholding structure or the rights of its creditors and investors.
Source: BSE
