SWFI First Read, May 1, 2018
Posted on 05/01/2018
Chinese Regulator Permits Increased Foreign Ownership to 51% in JV Fund Management In a bid to stimulate the country’s asset management industry, the China Securities Regulatory Commission (CSRC) increased the ceiling of foreign ownership of joint venture fund management companies to 51% from 49%. Koum Leaves Facebook Jan Koum, a Co-Founder of WhatsApp, exited Facebook. […]
