Onshore Sino-JV model described as dead

“The JV model for asset management in China is dead, but the JV model for Chinese companies going outside [of China] is still alive,” Young Zhao of Haitong international AM told an AsianInvestor conference this week. Speaking at The Art of Asset Management summit in Hong Kong, Haitong’s head of product development and strategy was pointing out how times have changed. He noted that Chinese managers had previously welcomed a tie-up with a foreign fund house to tap investment capab…