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Chinese fund firms set sights on Europe

Mainland asset managers are increasingly seeking to sell their capabilities to European institutions, although lack of brand recognition and market volatility are obstacles.
Chinese fund firms set sights on Europe
  Mainland fund managers are seeking to break into the European institutional market and sell the China growth story, although fears over market volatility both domestically and in Europe around Cyprus points to short-term fundraising difficulty. Marc Saluzzi, chairman of the Association of the Luxembourg Fund Industry and partner for PwC’s Luxembourg Financial Services practice, says he noticed an uptick in Chinese managers seeking advice on breaking into Europe in the second h…
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