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Essence FMC scores landmark with dual licence approvals

Leanne Wang
The firm is the first to be granted both mutual fund and segregated account licences from inception, giving it an extra avenue for AUM growth in China's struggling funds industry.
Essence FMC scores landmark with dual licence approvals

Essence Fund Management has broken new ground in China after becoming the first FMC to be granted mutual fund and segregated account licences simultaneously from inception.

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