Baillie Gifford sets up trading desk in Hong Kong
As its institutional asset base in Asia grows, the Scottish fund house has located a dealing duo in the region after launching an onshore China business late last year.
Tag : wfoe
APG sets up China offices and local bond team
The Dutch retirement asset manager is hiring investment staff for its first branches in Beijing and Shanghai in a pioneering move as it ramps up its expansion drive in Asia.
Baillie Gifford sets up China unit, names chairman, GM
The Scottish fund house has put a general manager and investment director in Shanghai, as well as a new Asia intermediaries executive in Hong Kong.
Pimco raids JP Morgan AM for China WFOE head
The US fund house has poached a senior executive from its rival in Shanghai as foreign firms continue their battle for talent to expand their capabilities in China.
Ant-Vanguard deal shows potential of China digital sales
Online sales of funds in China are disrupting the dominance of commercial bank distribution but the latest tie-up between two giant firms has limited scope, say some analysts.
WFOE growth improves but viability concerns remain
Many foreign fund managers are pinning their China distribution strategies on the WFOE scheme. But the programme's limitations pose familiar problems for scaling the business.
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