He was convicted of graft, corruption and bigamy.

He was convicted of graft, corruption and bigamy.
Just after it set up its private fund management business last year.
Separately, foreign managers have shown interest in selling ESG funds in the mainland.
When approved, the firm will have four products distributed under the MRF scheme.
Separately, UBS Asset Management’s Shanghai-based WFOE also received approval to launch another onshore product.
On the fixed income side, the US asset manager continues to back high yield credit.
M&G has allocated a portion of its exposure to China equities management to a local stock picker.
A-share tech firms will benefit from consumer and productivity upgrades in China, according to the Asia specialist asset manager.
The firm is targeting both HNWIs and institutions in the mainland.
The firm plans to launch more products, including “fixed income plus” and mixed-asset strategies.
Part of the Mark Allen Group.