Axa IM lines up multi-pronged China strategy
The fund house aims to launch a Ucits China bond fund, set up a wholly foreign-owned entity in Shanghai, register for mainland bond market access and gain a QDLP licence. And that's not all.
France’s Axa Investment Managers is preparing an all-out push to develop its China business on multiple fronts, AsianInvestor can reveal.
The strategy includes launching a bond fund, establishing a wholly foreign-owned entity in Shanghai, registering for access to the onshore bond market and seeking a licence under the qualified domestic limited partnership (QDLP) scheme, said Cheng Liao, executive director for Asia business development.
The €666 billion ($739 billion) asset ma…
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