Shanghai-based wealth manager GROW Investment Group (GROW) is targeting several asset manager acquisitions in China this year, aiming for double-digit AUM growth. “Market uncertainties have been driving the trend of consolidation of small-to-medium size asset managers, and we are looking at acquiring, either the whole firm, or attracting those portfolio managers with unique funds strategy, to join the firm,” William…
Chinese wealth manager GROW targets M&A for AUM growth
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