China’s VStone to tap Europe, eyes mutual fund entry

Shanghai-based private securities manager VStone is set to launch its first China A-shares Ucits fund in Europe and is aiming to expand into China's mutual fund industry potentially via acquisition. The active long-only firm will launch the fund jointly with Swiss alternatives manager Gottex Fund Management, and expects its debut at the end of this month or in early March. The fund will target European institutional investors including family offices, insurers as well as private…