BNY Mellon close to QFII licence

Dec 1, 2009

The US asset manager has plans to hire at least 50 people across Asia next year, with the biggest headcount growth likely in China.

BNY Mellon Asset Management is close to receiving its qualified foreign institutional investor (QFII) licence, says David Jiang, chief executive of the Asia-Pacific asset management business in Hong Kong.

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