ABN Amro weighs options in China

Asia CEO Frank Kusse gives FinanceAsia the low down on strategy, new hires and new deals in China and across the region.

Frank Kusse, Asia-Pacific CEO at ABN Amro Asset Management, spoke with FinanceAsia in the wake of the firm's announced joint venture plans with Beijing-based Changsheng Fund Management.

FinanceAsia Under China's agreement with the World Trade Organization, foreign fund managers will initially be allowed to take a 33% stake in a fund management joint venture. Is this the stake ABN Amro will take

Frank Kusse It is not 33% per se, but the maximum extent allowed. The regulators may allow more over a series of stages.

When will the JV go live

No later than three months after China establishes the regulations to govern these agreements. But we do not know when that will...

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