How CreditEase chooses fund managers

Beijing-based CreditEase’s screening process for fund managers is so rigorous that the approval rate is only around 2%, its head of wealth management products told AsianInvestor during a discussion about the group's selection process. Hou Lin said Chinese peer-to-peer lender's wealth management platform had partnered with more than 200 fund houses, of which about 60% were domestic and 40% overseas. CreditEase focuses on offering high-net-worth individuals ways to invest into alter…