The company, which was started just 10 years ago, has some US$6.2 billion ($8.5 billion) worth of assets under management. CSOP is the first offshore asset manager set up by a regulated asset management company in China to establish operations in Singapore.
SINGAPORE (Oct 16): Hong Kong-based CSOP Asset Management believes many investors outside China have “under-allocated” investments in China because of unfamiliarity. They are keen to participate in China’s markets, but are reluctant and apprehensive.
CSOP, by setting up an office in Singapore, wants to help address this concern. “Singapore is a bit far from Beijing. Hopefully, CSOP can shorten the distance,” says Ding Chen, the company’s CEO, at a press briefing on Oct 16.
