Chinese asset manager E Fund Management and asset Street Global Management ( SSGA ) have joined forces to explore strategic opportunities , including China 's rapidly expanding fund management market . SSGA is the third - largest asset manager worldwide with more than $ 200 in assets under management . The partnership will focus on exchanging information on product development and innovation to enhance both firms ' access to local and global investment markets . asset Fund Management is the third - largest asset manager in China and has more than CNY1tn ( $ 145bn ) under management .
Chinese asset manager E Fund Management and State Street Global Advisors (SSGA) have joined forces to explore strategic opportunities, including China's rapidly expanding fund management market. SSGA is the third-largest asset manager worldwide with more than $2.4tn in assets under management. The partnership will focus on exchanging information on product development and innovation to enhance both firms' access to local and global investment markets. E Fund Management is the third-largest asset manager in China and has more than CNY1tn ($145bn) under management.