China Alert – What sub-advisory is and isn’t
- foreign fund managers, private funds, WFOE
What sub-advisory is and isn’t
- Recent approvals have led to some confusion over global managers’ onshore opportunity set.
- This sub-advisory qualification should be pursued by all investment WFOEs, as it offers an advisory add-on to the private fund product business.
- It marks yet another route for foreign managers to compete domestically.
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