JPMorgan Chase & Co. reaffirms its commitment to hiring in China for its asset management business, targeting growth in the country's mutual fund industry. Matthews International Capital Management LLC is closing its Shanghai office and consolidating its regional research operations in Hong Kong while continuing to analyze China's market. The decision reflects the importance of China as a growth market for global asset managers.
"'China’s mutual fund industry remains an irreplaceable growth market for global asset managers', said JPMAM China CEO...Wang said the company will keep hiring in China, focusing on investment, research and distribution talent.'" https://t.co/uI1SUYlqvq
Looking to deploy fiat bucks and this JPM China fund's largest holdings is in alcohol. Bullish? Because it is after all China - I did look online to see if this alleged alcohol producer also owns an airline, an international luxury hotel chain or a leading Western bank. https://t.co/XkwRxWUNCq
JPMorgan Chase & Co. will continue hiring in China for its asset management business as it targets growth. “China’s mutual fund industry remains an irreplaceable growth market for global asset managers,” says JPMAM China CEO https://t.co/la7XX1F1KN
Asset manager Matthews International Capital Management LLC is closing its Shanghai office, centralizing its regional research business in Hong Kong, and remains committed to conducting China analysis.-Bloomberg
JPMorgan will continue hiring in China for its asset management business as it remains committed to operating in the world’s second largest economy https://t.co/6jEGYL3ucT