Copying and distributing are prohibited without permission of the publisher
BNY Mellon to launch China joint venture
08 July 2010
China's regulators have granted approval for a joint venture fund management firm set up by BNY Mellon and Western Securities
Read more:
BNY Mellon
Western Securities
The China Securities Regulatory Commission has authorised BNY Mellon and Western Securities to establish a joint venture fund management company in China. The new company, BNY Mellon Western Fund Management, will be owned by BNY Mellon (49%) and Western Securities (51%).
Bin Hu, a former senior executive at BNY Mellon Asset Management, has been appointed chief executive officer of the Shanghai-based venture.
BNY Mellon Western Fund Management will initially manage domestic Chinese securities in a range of local retail fund...
Access to this content is denied because you are not logged in. Please login to view this content
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
