Chinese fintech company Ant Financial Services [ANTFIN.UL] and U.S. asset manage...
FILE PHOTO: The logo of Ant Financial Services Group, Alibaba's financial affiliate, is pictured at its headquarters in Hangzhou, Zhejiang province, China January 24, 2018. REUTERS/Shu Zhang
SHANGHAI - Chinese fintech company Ant Financial Services [ANTFIN.UL] and U.S. asset management firm The Vanguard Group have established a joint venture to provide retail investment advisory services in China, the companies said in a statement on Saturday. The announcement, which comes more than six months after the joint venture appeared in an online national registry, said the company would provide customized services for investors based on individual risk preferences, time horizons and investment objectives.
The service will accept minimum investments of 800 yuan and will be accessible through Ant Financial’s Alipay app, the statement said. Vanguard, which has more than $5 trillion in assets under management, launched a wholly foreign-owned enterprise in China in May 2017.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Exclusive: Protest-free Macau to win financial policy rewards from ChinaChinese President Xi Jinping will visit Macau next week to announce a raft of ne...
Consulte Mais informação »
China detains CEO of U.S.-listed P2P firm Fincera for suspected financial crimeChinese police on Friday detained the chairman and chief executive officer of Ne...
Consulte Mais informação »
China expects tourism shift from U.S., Australia to Asia for Lunar New YearChina's aviation regulator said on Thursday it expected a decline in airlin...
Consulte Mais informação »
Size, color and smell: Livestreaming rings up big sales in ChinaZhang Dayi tugs at the sleeve of her gray sweater and rubs the material as 2.3 m...
Consulte Mais informação »
China says in close communication with U.S. on trade as fresh tariffs loomChina and the United States are in close communication on trade, its commerce mi...
Consulte Mais informação »
China auto sales set for third year of decline -industry associationChina's auto market, the world's biggest, is set for a third year of c...
Consulte Mais informação »