Marco Tang has been appointed deputy CEO of Amundi Hong Kong as well as head of distribution for China and Hong Kong.
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Marco Tang has been appointed deputy CEO of Amundi Hong Kong as well as head of distribution for China and Hong Kong.
In partnership with a domestic wealth manager.
In total, around 30 foreign managers have launched at least 90 PFM funds in the mainland.
The firm now manages five onshore products in the mainland.
APS Asset Management will act as an advisor for a PFM fund in the mainland.
Singapore-based APS Asset Management has decided to liquidate their non-China funds, as 90% of its AUM are in China-related strategies.
Foreign firms continue to build a base in China’s private fund market by becoming eligible to launch products for domestic institutional and high net worth investors.
Part of the Mark Allen Group.