JP Morgan Asset Management received the go-ahead from regulators for the rebranding earlier this month.
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JP Morgan Asset Management received the go-ahead from regulators for the rebranding earlier this month.
JP Morgan Asset Management received the go-ahead to buy out its local partner in January.
JP Morgan Asset Management (JPMAM) is set to become the first foreign company to hold a majority stake in a Chinese mutual fund business.
JP Morgan Asset Management (JPMAM) has gained approval from China’s regulator to distribute two funds into the mainland through the Mutual Recognition of funds scheme.
The US firm is reportedly about to join other global asset managers in applying for a private fund management (PFM) license in China, according to local media.
Earnings growth, shareholding among top management and dividend payout are the more important factors when evaluating China’s onshore stocks, argues Judy Chang, chief investment officer at China International Fund Management (CIFM).
The asset manager and its joint venture partner, China International Fund Management, are seeking regulatory approval to participate in the Mutual Recognition of Funds initiative.
China International Fund Management has launched its second RMB Money Market Fund, raising RMB620m ($100m) from more than 200 institutional investors during the initial offer.
Part of the Mark Allen Group.