DE Shaw joins Winton Capital and Man Group, which have launched onshore quantitative strategies.
Tag: WFOE
Fidelity preps for public offering in China
Other firms are also expecting regulators to relax rules that will allow them to offer products to retail investors by 2021, according to a local media report.
Fullerton, NB expand China business scope
The two foreign firms are the first to receive approval to provide onshore investment advisory services in China.
Templeton taps Natixis for China WFOE chief
Franklin Templeton is expanding in China and expects to launch an onshore fund.
SSGA takes ‘first step’ in China
The firm has appointed Alex Sun to the newly-created role of Shanghai-based managing director and head of China.
Will unified QFII/RQFII help onshore funds?
China has proposed combining the two quota schemes, which could help foreign managers with private fund management licences seed their own funds.
Fidelity launches its fourth onshore Chinese product
Only a handful of foreign managers have launched multiple products in China’s private fund market.
WFOEs face more hurdles besides distribution
With more global fund houses setting up wholly foreign owned enterprises (WFOEs) in China, finding enough of the right staff is likely to be difficult and expensive.
SSGA granted WFOE licence
Separately, Vanguard and Bridgewater Associates increased the invested capital of their wholly foreign owned enterprises (WFOEs) in China, according to Z-Ben Advisors.
Foreign investors eyeing China funds, says UBS AM
The firm is also continuing its build-out in the mainland, despite onshore sentiment, by appointing Raymond Yin to lead onshore operations.
