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U.S GLOBAL ASSET MANAGER BLACKROCK DE-REGISTERS FROM SHANGHAI UNIT

Published On 31 Mar 2021 02:05 PM


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Highlights –

  • U. S Global asset manager BlackRock de-registers from Shanghai unit.
  • It voluntarily cancelled the business registration of its WFOE unit in Shanghai.
  • China had opened its mutual fund industry to foreign managers last April.
  • BlackRock is launching a wealth management JV in China with Temasek and China Construction Bank.

Asset Management Asso....


Tags : ASSET MANAGEMENT ASSOCIATION OF CHINA, AMAC, U.S ASSET MANAGEMENT COMPANY, WHOLLY FOREIGN-OWNED ENTERPRISE, WFOE, SHANGHAI, CHINA CONSTRUCTION BANK,
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