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Aberdeen Standard deal seen to delay China PFM licence

Jolie Ho
The newly merged group is the fourth firm to have won a China private fund management licence in the past month and is planning an equity fund.
Aberdeen Standard deal seen to delay China PFM licence

Newly merged Aberdeen Standard Investments has become the eighth foreign firm to win a private fund management (PFM) licence in China, but there is talk that the acquisition deal delayed the approval process—something the fund house denies.

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