China Securities seeks funds JV partner

One of China''s top securities firms is looking for a foreign partner to help launch a fund management business.

Beijing-based China Securities is searching for a foreign partner to create a joint venture in asset management. It is looking for a long-term partner that would be willing to share management responsibility for a funds JV, as well as expertise, allowing the firm to boost its overall competitive advantage, says Jeffrey Tang, deputy general manager of the international business division in Shanghai.

We have had discussions with some US companies, but they were very aggressive and wanted to keep all the senior management positions in the JV, Tang says.

The firm has recently restructured in order to clear a path for an asset management JV. China Securities used...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222