Asset Management Sector

  • BlackRock on its establishment of BlackRock CCB Wealth Management Co., Ltd. together with CCB Wealth Management Co., Ltd. and an affiliate of Temasek.
  • BlackRock on its establishment of BlackRock Fund Management Co., Ltd. – the first wholly foreign-owned mutual fund management company following the lifting of foreign shareholding restriction.
  • A leading international asset manager on its partial exit from a fund management joint venture established in China.
  • SG Asset Management on the sale of its equity interest in Hwabao Fund Management Company to Warburg Pincus.
  • Crédit Agricole on its fund management joint venture with the Agricultural Bank of China.
  • Nikko Asset Management on its acquisition of a 40% stake in Rontong Fund Management.
  • UBS on its purchase of a 49% stake in China Dragon Fund Management, the first foreign investor to hold the maximum allowed percentage of equity stake in a Chinese fund management joint venture.
  • UBS on its RMB3 billion pre-IPO strategic investment in China Cinda Assets Management, one of four state-owned asset management companies in China and the first asset management company to go public.
  • Warburg Pincus on its pre-IPO strategic investment in China Huarong Asset Management. Huarong is one of four state-owned asset management companies in China.
  • Credit Suisse First Boston on its joint venture with ICBC, the first fund management joint venture between a domestic bank and a foreign fund manager.