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Big Law Firms Continue Their China 'Retreat'

Big Law Firms Continue Their China 'Retreat'
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JPMorgan AM to go head-to-head with Chinese funds

JPMorgan Asset Management’s China retail asset management subsidiary will go head-to-head with about half a dozen top local fund houses after the Lunar New Year holiday to raise money for exchange traded funds that track a newly established index, reports the Financial Times. The move marks the first time a wholly foreign-owned enterprise will compete… ....

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