Foreign control in China JVs: a game-changer for pay levels?
Having majority stakes in Chinese fund management joint ventures should give overseas firms more certainty in setting remuneration levels and bringing in talent.
China’s move to allow foreign-majority control of local fund houses could be a game-changer for overseas firms in that it should give them more certainty in setting pay levels and more comfort to invest in technology and talent for mainland fund joint ventures, said Keith Pogson, senior partner of financial services at consultancy EY in Hong Kong.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to AsianInvestor
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
¬ Haymarket Media Limited. All rights reserved.