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.
Tag: Oaktree Capital
Beijing’s QDLP scheme attracts global firms
In total, seven foreign firms have applied to participate in the QDLP programme that was recently launched in the capital, including Amundi and Bridgewater Associates.
Oaktree Capital adds onshore China fund
The US firm has been approved for its second QDLP product, which allows it to gather domestic money to invest offshore.
US alts firm sets up Beijing WFOE
Other alternative asset managers have also established their presence in China.
Oaktree bullish on European HY
Despite challenges to commodity and energy-related sectors, corporate fundamentals remain stable with default rates in the high-yield bond market at historic lows, according to Shannon Ward, managing director at Oaktree Capital.