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JP Morgan AM’s new China WFOE seen as test case

Toby Yiu
The US firm is the first foreign player with a Chinese funds JV to set up an investment management WFOE. AsianInvestor spoke to Asia-Pacific chief Michael Falcon about its plans.
JP Morgan AM’s new China WFOE seen as test case

After getting the green light to set up a wholly foreign-owned enterprise (WFOE) in Shanghai’s free trade zone (FTZ) late last month, JP Morgan Asset Management looks set to act as a test case. It is the first foreign firm with a Chinese fund management joint venture to also establish a mainland investment management WFOE. 

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