Reuters reveals UBS plans to expand China footprint with new mutual fund unit | Reuters News Agency
Economy

Reuters reveals UBS plans to expand China footprint with new mutual fund unit

Reuters was first to report UBS Group plans to set up a wholly owned mutual fund business in China, as the Swiss bank seeks to expand its footprint in the country’s $3.9 trillion retail fund market. The bank’s asset management arm began hiring key personnel in recent months for the planned business, including a head of the company. 

Article Tags
Topics of Interest: Economy
Type: Reuters Best
Sectors: Equities
Regions: Asia
Countries: China
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Customer Impact: Significant National Story
UBS CHina
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