Around 30 foreign managers have been granted the PFM qualification.
Category: China
Citi granted fund custody license in China
The US-based bank is the second foreign firm to obtain a domestic fund custody license.
China sees passive ESG fund growth
Although Europe and the US dominate the passive sustainable fund sector, new products have gained traction in China.
Blackrock receives approval for China retail fund firm
Neuberger Berman and Fidelity are still waiting for regulatory approval to establish a wholly-owned mutual fund company.
HK and China launch ETF connectivity scheme
Two Shenzhen-listed ETFs will each invest in products managed by Hang Seng Investment Management and CSOP Asset Management in Hong Kong.
Why JPMAM China JV’s buyout price is expensive
Chinese partners are not expected to sell their stakes in mutual fund joint ventures.
China Top Trumps – China equities
This week FSA presents a quick comparison of two China equity products: the BOCHK China Equity Fund and the Principal Life Style Fund – China Equity Fund.
French quant firm enters China’s PFM market
Metori Capital is the first foreign fund manager to set up a WFOE in Zhuhai, which is in the Greater Bay Area. Separately, Oaktree Capital has also received the PFM qualification.
China approves Blackrock wealth management JV
The Chinese regulator has given the go-ahead for Blackrock and Temasek to form a wealth management joint venture (JV) with China Construction Bank (CCB).
Lu International forms Thai partnership
Lu International has joined up with Thailand’s Kasikornbank to create a digital wealth management platform.
