The French asset manager's CIO outlines how the firm aims to build on the strong growth of its Asian joint ventures. Further regional expansion and product launches are on the cards.
The $208 billion Canada Pension Plan Investment Board wants to build its Asian asset portfolio via further joint ventures, as it allocates another $400 million to a China logistics JV.
But BNY Mellon Western and Zheshang may be the last firms to obtain such licences this year, says Z-Ben Advisors.
Impending deals with Lombarda Bank and Lord Abbott demonstrate new options for shareholding arrangements.
Instead of liquidating a bad asset, Cinda goes into business with foreign partner First State.
They are in talks to form the second round of fund-management joint ventures with Chinese banks.