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Invesco to add IM-WFOE in China growth push

Richard Morrow
The asset manager is awaiting its fourth wholly foreign-owned enterprise licence, which will allow it to run Chinese private funds for both local and offshore investors.
Invesco to add IM-WFOE in China growth push

Invesco has applied for and anticipates receiving an investment management wholly foreign-owned enterprise (IM-WFOE) licence in China the next month or two, AsianInvestor can reveal. This will enable the US fund house to offer investment products to both local and offshore investors

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