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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 stresses onshore focus as China opens further

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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