Pictet Asset Management’s wholly foreign-owned enterprise (WFOE) in Shanghai has registered as a Qualified Domestic Limited Partner (QDLP) Manager with the Asset Management Association of China (Amac).

Pictet Asset Management’s wholly foreign-owned enterprise (WFOE) in Shanghai has registered as a Qualified Domestic Limited Partner (QDLP) Manager with the Asset Management Association of China (Amac).
The US asset manager is the second firm allowed to access the country’s retail investor market.
The fund manager hopes that the abrdn Sustainability Institute will expand its ESG products and services in the region.
The German firm expects to complete its purchase of an Indonesian asset manager by the end of this year.
Services are available to those with a minimum of $1m in investable assets.
The Netherlands-based asset manager intends to increase staff and strategy offerings in Apac.
The Singapore-based firm is prepared to make further acquisitions.
Tech start-up Endowus has attracted cash from the Swiss bank, Samsung and Singtel to fund expansion.
In a bid to attract and promote business in the Special Administrative Region.
The collaboration will give UBS’s wealth management clients customers access to Invesco’s global property investment strategies.
Part of the Mark Allen Group.