China AM partners PanAgora to develop products
The two fund houses – one based in Beijing, the other in Boston – will work together to build multi-asset risk-parity strategies for Chinese institutional and retail clients.
Beijing-based China Asset Management has begun a strategic relationship with Boston’s PanAgora Asset Management to develop multi-asset risk-parity products, with a view to potentially expanding into other strategies.
China AM held the launch event yesterday in Beijing, which was attended by at least 300 firms, including institutional investors and distributors, said Jesse Huang, director of strategic relations at PanAgora. These included insurance firms and banks, with an eye on i…
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