Singapore’s APS AM is also launching more PFM funds in the mainland.
In total, around 30 foreign managers have launched at least 90 PFM funds in the mainland.
Winton Capital will act as an advisor for a PFM fund. Separately, Mirae Asset is also expected to launch its third PFM product.
The firm also has a QDLP qualification on top of its PFM business.
Neuberger Berman will act as an advisor for a PFM product.
In total, foreign players have launched nearly 80 onshore funds in the mainland via the PFM route.
The Hong Kong-based asset manager has added one more product for sale in China via the private fund management (PFM) channel.
Separately, around 10 PFM products managed by foreign managers have less than RMB 5m ($715,000) in assets, according to a Z-Ben report.
Using the private fund management channel, the firm has received approval to launch its sixth onshore fund for distribution to China’s domestic investors.