CHINA - The Chinese Security Regulatory Commission has given final approval to a fund management company jointly operated by Merrill Lynch Investment Managers (MLIM).
Bank of China International Investment Managers, operated by MLIM, BOC International China Limited and BOC International Holdings, is headquartered in Shanghai and will provide fund management services.
Seiichi Fukuyama, COO of MLIM Asia Pacific said: “By the granting of the final license to Bank of China International Investment Managers we are taking a substantial step forward into a vast market which we expect will benefit from solid growth in the foreseeable future.”
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