One of China’s largest money managers has sent 23 executives to a London business school to learn about the UK fund market, suggesting it has plans to set up in Europe, according to the course director.
China Jiantou Trust requested its executives learn about UK competition analysis, the legal and regulatory environment and how to go about merger and acquisitions during a two-day course at the London School of Business and Finance.
The company, which has issued 646 investment trusts in the Chinese market with total assets of Rmb193bn ($32bn), was also keen to learn about how the European Ucits fund passport operates.
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