Two more to join ranks of Chinese fund managers

Apr 28, 2010

But BNY Mellon Western and Zheshang may be the last firms to obtain such licences this year, says Z-Ben Advisors.

Two more fund management companies have finally cleared the procedures they need to gain approval from the China Securities Regulatory Commission, following assessment meetings. BNY Mellon Western Fund Management and Zheshang Fund Management may receive the official green light to start operations as early as June.

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