Russell sells stake in Ping An JV with eye on WFOE

Russell Investment Management has sold its stake in the private manager joint venture it ran with the Ping An group. The move reflects growing disenchantment over JVs as Western fund houses gravitate to WFOEs.


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How will you alter your portfolio after the US election result?





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Underweight US
  19%
 
Overweight US
  34%
 
Underweight EMs
  6%
 
Raise cash levels
  27%
 
No change
  13%
TOTAL VOTES: 62
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November 2016 Magazine
AsianInvestor Magazine