The fund is managed by Chris Liu in Hong Kong.
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The fund is managed by Chris Liu in Hong Kong.
The firm is targeting China’s high net worth individuals.
Mainland investors have poured RMB 2.6bn ($400m) in Hong Kong-domiciled funds during the first two months this year.
Recent stock market slump has tapered new fund launching in China. But many domestic asset managers believe new funds will roll out again soon once market sentiment improves.
Eleven firms became recipients last month of quotas amounting to $8.85bn
The world’s largest asset manager has de-registered its private fund management (PFM) unit as it prepares to receive a mutual fund licence.
Leon Sun was Nomura Asset Management’s head of investment for China and Hong Kong.
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.
Part of the Mark Allen Group.