the-bankers-of-lombardy-come-to-china

The bankers of Lombardy come to China

Luca Frontini, CEO of Lombarda China Fund Management, discusses the challenges of opening a fund management company in China.
FinanceAsia WhatÆs the background to LombardaÆs fund management joint venture in China
Luca Frontini
When I came to China three years ago in 2003, I could see the immense potential of the markets. We looked for a Chinese domestic brokerage, û medium-level, medium-size, medium-everything in fact We found one, namely Guodu Securities, our current partner. For our part, we the foreign shareholder are a listed, medium-level Italian regional bank with very strong fundamentals, but looking about for the next growth opportunity. We are currently going through a merger process which will make us depending on how you measure it the fourth-largest bank in Italy, so a proper national player with a larger international presence....
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