London/Hong Kong, October 19^th 2015: GF International Asset Management ("GF International"), a subsidiary of GF Fund Management, is delighted to announce its launch in the UK.
GF International is the first wholly Chinese-owned investment manager to establish itself in Europe. It has chosen London for the first stage of its expansion strategy outside Asia, positioning it at the forefront of China's continuing economic transformation.
GF International recently received authorisation from the FCA enabling it to act as an investment manager across Europe.
Chuanhui Lin, CEO of GF Fund Management, said: “Our company's establishment in the UK bridges investment management between China and Europe. The strong growth of the Chinese economy presents exciting prospects for European clients. Additionally, as Chinese investors become more sophisticated, their need for global diversification is increasing. We are entering a golden era in China-UK relations, making GF International well-positioned for success.”
Miller Guo, CEO of GF International, commented:"GF International has close links to mainland China which enable us to deliver investment management expertise in Chinese markets directly to European clients. Our localised European team and products will help investors seize opportunities in China in a way they are familiar with. We are proud to lead the drive of Chinese investment in Europe and beyond. We wish to thank UK Trade & Investment for the welcome and support they have extended to us."
For GF International, London was the obvious choice for establishing a European presence. It is the largest offshore Renminbi (RMB) hub outside Hong Kong and offers unparalleled access to the international investment community.
GF International's business will focus on providing investment products on Chinese assets and advising global institutions with QFII (Qualified Foreign Institutional Investor) and RQFII (Renminbi Qualified Foreign Institutional Investor) quotas.