JP Morgan AM targets QDII for China growth

The new head of Hong Kong and China retail business at JP Morgan Asset Management, Eddy Wong, is prioritising the mainland's QDII market for growth via foreign bank distributors. Wong, promoted internally from Hong Kong head of intermediary business only last month to replace Terry Pan, is also in the hiring markets to fill his old role, he tells AsianInvestor. Pan now heads Greater China at Invesco, as reported. Pointing to growing appetite for offshore exposure among Chinese i…