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) is set to become the first foreign company to hold a majority stake in a Chinese mutual fund business.
In total, seven firms received new or additional inbound quotas in China last month.
Assets of three other China-focused thematic ETFs have already passed the break-even mark.
A-share inclusion on major indices has led to interest among Chinese businesses in improving the ESG profile, according to Robeco.
This week, a mainland wind power producer that raised red flags during Templeton’s ESG analysis.
The firm intends to launch an equity product that was formerly only available to professional investors.
This week, a company with strong fundamentals that did not pass Robeco’s ESG analysis.
At the same time, Chinese investors have continued to pour money this year into Hong Kong-domiciled funds sold in the mainland via the MRF scheme.
Aberdeen Standard Investments is the latest wholly-foreign owned enterprise manager to expand into advisory services in China.
The abolition of ownership restrictions for foreign investors in the financial sector will happen in 2020, a year earlier than scheduled, says China premier Li Keqiang.
Part of the Mark Allen Group.