ChinaAMC and Harvest to open Hong Kong offices
Executives from the two fund houses say operational plans for their respective offices in Hong Kong are still being finalised.
More top China fund houses are planning to open offices in Hong Kong. Further to ShenzhenÆs China Southern Fund, two industry heavyweights û China Asset Management (ChinaAMC) and Harvest û say they will make their way to Hong Kong within the year.ChinaAMC is currently the industryÆs largest fund house with total assets under management of $248 billion as at the end of 2007. Harvest is 30% owned by Deutsche Asset Management and is the industryÆs third largest with $207 billion in asset…
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