JPM AM closes in on full control of China JV

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

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JPM AM closes in on full control of China JV

China Shanghai from Adobe 17Dec19 230x150
Shanghai, China | TTstudio - stock.adobe.com

JP Morgan Asset Management is set to become the first foreign asset manager to fully own a Chinese fund management company, after its onshore partner agreed to exit their 15-year-old joint venture.

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