Global firms ready onshore China funds

Eastspring, JP Morgan and Morgan Stanley face a six-month deadline to roll out their debut onshore products. Eastspring Investments, the asset management arm of UK insurer Prudential, scored a private fund management (PFM) license on 16 October and registered with the Amac. The firm now has to roll out at least one private fund product in the following six months. The PFM …

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