Invesco stresses onshore focus as China opens further
Last week mainland regulators handed private fund management licences to Invesco and Value Partners, and eased foreign-ownership limits on financial services firms.
Invesco’s focus for its new private fund business in China will be to offer products to institutions that invest in mainland assets, a spokesman told AsianInvestor on Friday, after the US fund house and Hong Kong rival Value Partners unveiled freshly acquired private fund management (PFM) licences.
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