FoHF manager’s JV wins flexible QDLP permit
Persistent AM’s tie-up with GF Asset Management is the first registered in Shanghai’s free-trade zone to get a QDLP quota amid reform. It plans to launch a product next month.
Hong Kong-based fund-of-hedge-fund manager Persistent Asset Management has won a qualified domestic limited partnership (QDLP) licence via its joint venture with Guangzhou-based GF Asset Management.
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