Beijing and London to assess feasibility of UK-China ETF link

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Financial Times 22h ago

Beijing and London to assess feasibility of UK-China ETF link - Financial Times

Quick Summary:

Aspect Capital secured a private fund management licence in December, while Schroders won the final go-ahead to commence its wholly owned fund management business in China in 2023.

The UK and China will study the feasibility of establishing exchange traded fund and wealth management connect schemes to link the capital markets of the two countries.

The policy document also said the two governments would conduct consultations on eligible UK fund service institutions providing services to private fund managers registered with the Asset Management Association of China.