China fund houses set to go global: JP Morgan’s Falcon
Domestic asset managers are increasingly sophisticated and could become global players within 20 years, said the Asia chief executive of JP Morgan Asset Management.
Expanding within China’s fund management space is JP Morgan Asset Management’s key priority, but eventually rivals from the country will compete with it across the world, believes the US fund house’s Asia chief executive.
“I think over the course of the next 10 to 20 years, we’ll be talking about many Chinese players as competitors, not just in China or the region, but around the world,” said Michael Falcon.
Speaking to AsianInvestor following JP Morgan Asset Management being…
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