Taiping-Ashmore deal underlines China mutual fund challenges
Having acquired joint-venture investment firm Ashmore-CCSC, China's Taiping faces a tough task building scale in the fiercely competitive mainland mutual fund business.
The recent purchase by Taiping Asset Management of a majority stake in struggling joint venture Ashmore-CCSC Fund Management reflects both the growing proliferation of Chinese insurers entering the mutual fund industry and the challenges they face in doing so.
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.