investment banks

JPMorgan China fund JV lures 90 bln yuan in a day – Reuters

From Reuters: JPMorgan Chase & Co.‘s Chinese fund management venture said on Wednesday it had received nearly 90 billion yuan ($11.7 billion) of subscriptions to its new equities fund in a single day — over 10 times its original sales target. The oversubscription ratio is one of the highest seen at any fund since China’s […]

How to Be A Player in Beijing – Red Herring

From Red Herring: Remember Peter Chung? Back in May 2001, Mr. Chung was a 24-year-old Princeton University grad posted to Seoul by the Carlyle Group and living, by his own account, quite large. A week and a half into his new buy-side job, he emailed home telling friends about his opulent digs, about riding around […]

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