GFAM plans new route into Hong Kong retail market
Chinese fund houses find it hard to penetrate Hong Kong's mutual-funds market, but GF Asset Management is trying an alternative route by converting one of its private funds.
GF Asset Management (GFAM), the Hong Kong-based investment arm of Guangzhou-based GF Securities, plans to convert one of its private funds into a mutual fund, as an initial step towards entering Hong Kong’s retail market.
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