Shenyin Wanguo to advise Shin Kong on China investments
Shin Kong Site in Taipei is tapping into Shenyin Wanguo Asset Management's China expertise in its latest Greater China fund launch. Shenyin Wanguo may follow up with a fund targeting European investors.
In the second cross-strait investment advisory deal to date, Shenyin Wanguo Asset Management (SWAM), a unit of mainland brokerage powerhouse Shenyin Wanguo Securities, will advise on the upcoming Shin Kong Cross Strait Select Fund. (China's sovereign wealth fund China Investment Corp (CIC) is a shareholder in Shenyin Wanguo Securities and an investor in SWAM's funds.)
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