J.P. Morgan Asset Management Gets CSRC Approval to Buyout Interest in China International Fund Management
Posted on 01/22/2023
J.P. Morgan Asset Management received approval from the China Securities Regulatory Commission approval to acquire 100% interest in its Shanghai-based joint venture, China International Fund Management. China International Fund Management will become a wholly-owned affiliate for JPMorgan. J.P. Morgan Asset Management held a 49% stake in the joint venture, which it established with Shanghai International…