Hong Kong-based Value Partners' CEO sees its purchase of a stake in the Chinese fund house as a springboard for its mainland business, but acknowledges the challenges it faces.
The firm is hopeful it will submit an application for a mutual fund JV this year. It has just launched a private equity JV as it seeks to build a track record in the country.
Foreign entrants grow in China as its mutual funds industry hits Rmb2 trillion, on track to reach Rmb3 trillion ($397 billion) by year-end.
Luca Frontini, CEO of Lombarda China Fund Management, discusses the challenges of opening a fund management company in China.
Communication consultancy firm enters Mainland business with Eastwei.
Its first mutual fund should be ready to hit the markets shortly after Chinese New Year.
ING Capital Life Insurance Company to open branch in PRC capital.
Is there a new trend of preferring trust companies as mainland partners instead of brokers?
Chinese money market investors to enjoy higher returns than US peers.
CSRC''s green light for a deal, reportedly with Hantang Securities, is expected shortly.
One of China''s top securities firms is looking for a foreign partner to help launch a fund management business.
CLSA executive chairman Gary Coull discusses the firm''s newly established joint venture China Euro Securities.
In the historic capital of Xian, the Shaanxi Credit Bureau (SCB) plans a historic move.
ING Investment Management has won approval for a fund management joint venture in China.
The first Sino-foreign fund management JV has been approved by Beijing, and its new CEO discusses phase two.