Neuberger Berman gets Chinese regulatory nod to conduct mutual fund business

  • 📰 Reuters
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

U.S. asset manager Neuberger Berman's Chinese unit said on Friday it had been granted a license by the Chinese securities regulator to conduct mutual fund business.

received regulatory nod to take full control of its Chinese mutual fund venture, adding to signs that Beijing remains committed to opening-up.

Neuberger Berman Fund Management Ltd said on its official WeChat account that it had recently obtained the business licence from the China Securities Regulatory Commission .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States United States Latest News, United States United States Headlines