Bosera builds overseas presence, may seek partners

Shenzhen-based Bosera Asset Management is setting up an office in Hong Kong and awaiting regulatory licensing from the territory's Securities and Futures Commission to launch a retail funds business. This is the next step in the internationalisation of Bosera's business, which is among China's 'old 10' batch of pioneering mutual-fund companies, dating from 1998. Today its total assets under management are around $28 billion, most of which comes from mainland corporate pensions and Soc…