The quant specialist continues to be one of the largest foreign PFM managers in the mainland.
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The quant specialist continues to be one of the largest foreign PFM managers in the mainland.
The firm has been ramping its China business since last year.
In partnership with a domestic wealth manager.
The firm has partnered with Schroders to roll out the fund.
This is the firm’s first Asia-focused equity fund.
Vanguard believes that the new platform will further develop China’s fund advisory market.
The firm also manages seven PFM funds in China.
Shanghai-based wealth manager Noah Holdings also saw net loss in the fourth quarter of 2020, due to the Camsing settlement.
Funds managed by China AMC and E Fund in Hong Kong are also expected to be launched in the mainland via the MRF.
Gross performance fees drove the firm’s net profit, which was up 160% in 2020.
Part of the Mark Allen Group.