AllianceBernstein Gets China Mutual Fund Business License
Posted on 01/04/2024
AllianceBernstein Holding LP got a license to launch a wholly owned mutual fund business in China. The mutual funds business will be led by AllianceBernstein’s China CEO Alex Qian.
“AllianceBernstein will offer Chinese investors onshore investment products and solutions, and help them explore opportunities in China’s domestic market,” the company said in a statement posted on its WeChat account.