BNP Paribas carves through-road to China with JV

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FRANCE/CHINA - French investment house BNP Paribas Asset Management is the latest player to enter into a joint venture in China as the race to cash in on the country's potentially lucrative fund marketplace continues.

The firm has entered into an agreement with Shenyin and Wanguo to set up the joint venture - SW BNP Paribas Asset Management - building on an existing relationship since 2000. The tie-up will be...

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