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Robeco secures PFM licence in China

Dutch asset manager Robeco announced that its wholly-foreign-owned enterprise (WFOE) Robeco Private Fund Management (Shanghai) Co. on Monday obtained a private fund management (PFM) licence from the Asset Management Association of China (AMAC). A PFM licence allows foreign firms to develop onshore products investing in China’s domestic market to qualified investors in mainland China, including HNWIs and institutional investors. “The…

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