Tag: Chinese mutual fund business

• Wednesday, May 8th 2019 - 09:25 UTC

  China opening its mutual fund business to a foreign majority stake: JPMorgan could be the first

  

  JPMorgan could become the first foreign company to own a majority stake in its Chinese mutual fund business, after its joint venture partner put a crucial 2% of the business up for sale that analysts expect the Wall Street bank to lap up.