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Schroders gets nod to set up China fund unit as Beijing speeds up approvals

SHANGHAI (Reuters) - Schroders has obtained Chinese regulatory approval to set up a wholly-owned mutual fund unit in China, as Beijing accelerates opening up its giant financial sector to foreigners. China abruptly dismantled its strict,

Schroders gets nod to set up a wholly-owned mutual fund unit in China

Foreign funds race to explore Chinese capital market in 2023

Foreign financial institutions are racing to expand their operations in China along with the country’s strong economic recovery expectations and accelerated financial opening-up, with Schroder Investment Management (China) becoming the fifth wholly foreign-owned public fund management firm in China.

Schroders gets nod to set up China fund unit as Beijing speeds up approvals

Weekly roundup of people news, Nov 18 | Fund Managers

Former Macquarie Bank chair to head UniSuper investment committee; State Super names new board director; Spirit Super appoints new chair as Naomi Edwards retires; NGS Super chair to retire; Singlife with Aviva hires deputy CIO; Schroders reshuffles APAC leadership; and more.

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