StanChart launches China distribution platform
The UK bank, which became the latest offshore institution to be able to sell mutual funds on the mainland, has already added seven Chinese funds to its distribution platform.
Standard Chartered Bank announced it has launched a mutual fund distribution platform in China, making it the latest foreign bank to be able to sell Chinese mutual funds to mainland investors.
The UK bank, which received its licence from China Securities Regulatory Commission on June 25, has partnered seven funds – China Asset Management, E Fund, China Southern Fund Management, Bosera Asset Management, Guangfa Fund Management, China Universal Asset Management and Bank of Communica…
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