China Archives - Page 34 of 54 - Fund Selector Asia

VP Bank acquires minority stake in China’s Hywin

As the companies agree to set up a Hong Kong platform.

CMB Wealth Management (CMBWM) and JP Morgan Asset Management (JPMAM) have started marketing a target date fund.

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.

Vanguard believes that the new platform will further develop China’s fund advisory market.

JP Morgan Asset Management (JPMAM) plans to take a 10% stake in CMB Wealth Management.

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.

The US passive fund specialist will concentrate on developing its investment advisory business.