E Fund and Danske Capital Sign Cooperation Memorandum Forming Partnership Between Leading Chinese and European Asset Management Companies

Dec 09, 2015, 09:15 ET from E Fund

GUANGZHOU, China, Dec. 9, 2015 /PRNewswire/ -- The leading Chinese asset management company E Fund recently signed a cooperation memorandum with renowned European asset management company Danske Capital to establish a long-term strategic alliance.

The two leading asset management firms in China and Northern Europe will leverage on each other's expertise and market positions to jointly design and promote investment vehicles to bring the best class of products to investors.

Danske Capital is an international asset manager and part of the Danske Bank Group. Danske Bank is the largest bank in Denmark and one of the largest financial groups in northern Europe. Danske Capital's headquarter is located in Denmark with offices in Luxembourg, Sweden, Germany, Norway and Finland. As of the end of 2014, Danske Capital managed more than EUR107 billion in assets for both institutional clients around the world and local individual investors in Denmark.

E Fund is a leading Chinese asset management company which provides a full spectrum of services. It leads positions in mutual funds, pension funds and segregated accounts businesses in China and has asset management subsidiaries in China, the United States and Hong Kong. As of the end of September 2015, total assets managed by the company exceeded RMB 640 billion. It has been ranked among the top 5 fund management companies in China over the past ten consecutive years.