Manulife has launched an investment company wholly foreign-owned enterprise (WFOE) in Shanghai, the firm announced.
Tag: WFOE
The plus and minus of China’s new foreign ownership rules
China recently announced it would ease foreign ownership limits for fund management firms, but huge challenges await foreign players that want to enter China’s retail investor market, industry sources said.
NB to launch onshore China fund
Neuberger Berman’s wholly-owned foreign enterprise (WFOE) in Shanghai has obtained a private fund management (PFM) licence from the Asset Management Association of China and has six months to launch a product.
Invesco, Value Partners obtain China PFM licenses
Invesco and Value Partners have announced that their wholly foreign owned enterprise (WFOE) subsidiaries in China have registered as private fund managers with the Asset Management Association of China (AMAC).
BEA Union joins growing IM WFOE club
BEA Union Investment was granted a license from Chinese authorities to establish an investment management wholly foreign-owned enterprise (WFOE) in Qianhai.
Study: China’s private fund market pulling in foreign AMs
China’s private fund market and pension funds present business opportunities for foreign asset managers, according to a Cerulli Associates report.
Vanguard sketches China plans
As the world’s largest passive product manager considers its mainland strategy, ETFs are unlikely to be part of it.
Blackrock plans to launch private funds in China
Blackrock is applying for a private fund management licence in China with the goal of launching funds for high net worth and institutional clients, according to media reports.
UBS WFOE cleared for business in China
UBS Asset Management obtained a private fund management (PFM) license in China yesterday, allowing it to offer fund products to onshore clients, the firm announced.
BNY Mellon tries China again with WFOE
BNY Mellon announced plans to re-enter China’s domestic investment management market by joining the growing number of firms establishing a Wholly Foreign-Owned Enterprise (WFOE).
