Vanguard CEO eyes more China entities

Oct 10, 2016

The head of the $3.8 trillion fund house, Bill McNabb, outlines the opportunities the firm is considering on the mainland and elsewhere in Asia.

Vanguard, the world's second biggest asset manager, is looking at ways to grow its business in China, which are likely to include setting up a wholly foreign-owned enterprise (WFOE) and another representative office.

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