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Foreign firms sweat to secure China private fund licences

Joe Marsh
APS, Credit Suisse, Value Partners and Invesco have set up onshore entities in China in the past three months. But they face various hurdles in registering as private fund houses.
Foreign firms sweat to secure China private fund licences

Four foreign fund houses have set up so-called investment management wholly foreign-owned enterprises (IM-WFOEs) in China this year, joining 10 peers that had already done so. Now comes the hard part.

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