Nordea Asset Management has joined the small group of foreign companies that have been granted access to invest in mainland Chinese equity markets.
The firm has been approved as a qualified foreign institutional investor, giving it access to the Shanghai and Shenzhen stock exchanges, known as the China ‘A’ share market.
Nordea has also entered into a partnership with Libra Capital Management, an investment adviser with a specialism in the China A-share market, in order to enhance its investment capabilities within the market.