Value Partners gains QDII advantage

Ping An GroupÆs chief investment officer John Pearce says Ping An has no intention of gaining control of Value Partners. ôValue Partners will run as an independent fund management business here. We only own less than 10%. ItÆs still very much controlled by its existing shareholders,ö he says.However, Pearce says Value Partners will have a preferred distribution advantage once the groupÆs international QDII status is approved. ôThey will be part of our global platform. And we would lik…