Chinese asset manager E Fund Management and E Fund (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.
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.