Allianz Global Investors (AllianzGI) has obtained a wholly foreign-owned public fund management company (FMC) licence in mainland China from the China Securities Regulatory Commission (CSRC), expanding its offerings to retail and U/HNWIs in the country. The approval underscores AllianzGI’s commitment to the mainland Chinese market and providing onshore investors with access to its global investment expertise, the firm said in…

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