Neuberger Berman has become the second foreign asset manager to receive final approval from the China Securities Regulatory Commission (CSRC) to begin managing local currency mutual funds for domestic Chinese clients. The US$408 billion asset manager also named Michelle Wei, who joined in October, as CIO, equities, of the new onshore unit from 2023. Charles Nguyen, managing director, public equities…
Neuberger Berman receives green light to run mutual fund business in China
By Twinkle Sparta, senior reporter | 28 November 2022

Share article
Share article
Related News

BNP Paribas AM receives regulatory nod for WM JV in China
20 October 2022

Popular China analyst is joining hedge fund in Hong Kong
31 August 2022

Neuberger Berman on the strategies U/HNWIs choose to blunt inflation
23 August 2022

Franklin Templeton hires China head to drive expansion
10 August 2022

Pictet AM on track in Japan: CEO Takuhide Hagino
8 August 2022

HSBC China to offer hedge fund investments to private bank clients
29 July 2022

Are China’s high-tech small caps the next big opportunity? This fund manager thinks so
14 July 2022

Tempted by US$3M job offers, overseas bankers brave hurdles and move to China
11 May 2022

China regulator urges US$4 trillion fund industry to go global and diversify
29 April 2022

Fidelity International names managing director to lead China mutual fund business
20 April 2022