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Aberdeen AM sets world first with China WFOE

Toby Yiu
The UK house has become the first global manager to be granted a licence that enables it to operate fully as a private domestic securities firm onshore in China after a rule change.
Aberdeen AM sets world first with China WFOE

UK house Aberdeen Asset Management has become the first global manager to be granted a wholly foreign-owned enterprise (WFOE) licence in China that enables it to operate fully as a private domestic securities firm.

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