UK fund groups “missing massive opportunity” in China

The marked lack of interest shown by UK fund managers to do more business in China threatens to jeopardise Sino-British trade relations, according to those most closely involved in negotiations with Beijing. At a time when the UK is supposed to be exploring post-Brexit deals with non-EU partners, an analysis of fund groups seeking to move into China via the WFOE route, or applying to gain majority ownership of joint ventures, shows a surprising lack of UK fund managers in the mix.…