ChinaAMC hired by TaiwanÆs Cathay Site as sub-advisor

Taiwan's Cathay Securities Investment Trust says this week it has signed an exclusive deal with Beijing-based China Asset Management. ChinaAMC will become a sub-advisor to Cathay for China-listed A-shares, Hong Kong H-shares and red-chip allocations in an upcoming Greater China fund planned at Cathay Site (securities investment trust enterprise). The deal will be good for two years. The launch date for the fund has not yet been set. The eventual size of the deal will be subject to fu…