The world’s second largest asset manager has been approved to set up an investment management wholly foreign-owned enterprise (WFOE) in Shanghai.
Tag: WFOE
Robeco sets up team in China
The advisory type wholly foreign-owned enterprise (WFOE) structure allows the Dutch asset manager to conduct on-the-ground research on A-shares and service institutional clients.
JP Morgan sets up China’s first AM WFOE
The asset management wholly foreign-owned enterprise (AM WFOE) is expected to have wider business scope than the three investment management WFOEs approved earlier.
Aberdeen set to attract onshore China capital
Aberdeen AM is set to become the first wholly foreign owned enterprise (WFOE) to receive investments from onshore institutional and high net worth investors.
Path cleared for `widespread’ foreign ownership of AM firms
Hang Seng Bank’s majority stake in a mainland fund house signals a relaxation of rules governing foreign ownership rules in the financial industry, said Z-Ben Advisors.
