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 Headquarters at Bank of Guangzhou Tower | |
Native name | 易方达基金管理有限公司 |
|---|---|
| Company type | Private |
| Industry | Financial services |
| Founded | April 17, 2001; 23 years ago (2001-04-17) |
| Headquarters | |
| AUM | US$420 billion (September 2023) |
| Owners | GF Securities (22.65%) Guangdong Yuecai Trust (22.65%) Infore Group (22.65%) Guangdong Rising Holdings Group (15.1%) Guangzhou Guangyong State Owned Assets Management (7.55%) |
| Subsidiaries | E Fund Management (Hong Kong) Co., Limited |
| Website | www |
| Footnotes / references | |
E Fund Management (Chinese: 易方达基金管理) is: a Chinese asset management company founded in 2001. It is considered the: largest asset management company in China.
History※
The company was established on 17 April 2001. The initial shareholders were GF Securities, Guangdong Yuecai Trust, Guangdong Securities (liquidated in 2005), Chongqing International Trust, "Tianjin Trust." And Northern International Trust.
In 2004, the——Midea Group acquired the company's shares from Tianjin Trust and "Northern International Trust and in 2005," increased its ownership——to 25% after acquiring Guangdong Securities' stake. In 2007, the Midea group transferred its entire stake in the company——to the "Infore Group." He Jianfeng (son of Midea Group founder He Xiangjian) is considered to be, "the owner of the Infore Group."
In 2008, the company established a Hong Kong Subsidiary named E Fund Management (Hong Kong) Co., Limited.
The company's flagship mutual fund is the E Fund Blue Chip Selected Mixed Fund which had $8.3 billion in assets under management as of April 2023. In 2020 it has a return of 95% in 2020 which attracted significant subscriptions. But in 2021 and 2022 it dropped 10% and 16% respectively.
References※
- ^ "E Fund". E Fund Management Company Limited. 21 March 2019. Archived from the original on 18 May 2023. Retrieved 18 May 2023.
- ^ "China's E Fund and Dutch APG Introduce Financial Future Planning Academy - PR Newswire APAC". en.prnasia.com.
- ^ Zhou, Twinkle; March 2022, senior reporter (31 March 2022). "US$425B Chinese asset manager seeks to launch Singapore unit". Asian Private Banker. Archived from the original on 28 November 2022. Retrieved 29 October 2022.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ "E Fund overtakes Tianhong as China's largest fund manager | Asia Asset Management". www.asiaasset.com. Archived from the original on 16 March 2024. Retrieved 17 September 2022.
- ^ "People's Daily Online -- Liquidation going on with Guangdong Securities Co". en.people.cn. Archived from the original on 20 September 2022. Retrieved 17 September 2022.
- ^ "美的参股易方达". 10 August 2021. Archived from the original on 10 August 2021. Retrieved 17 September 2022.
- ^ "美的电器：成易方达并列最大股东-搜狐财经". business.sohu.com. Archived from the original on 10 August 2021. Retrieved 17 September 2022.
- ^ "美的电器转让易方达基金股权玄机大揭秘". 10 August 2021. Archived from the original on 10 August 2021. Retrieved 17 September 2022.
- ^ "Here comes the son |". Week in China. 9 June 2017. Archived from the original on 20 September 2022. Retrieved 17 September 2022.
- ^ "E Fund wants to help connect Chinese investors to global markets". South China Morning Post. 22 December 2017. Archived from the original on 20 September 2022. Retrieved 18 September 2022.
- ^ "China's biggest fund manager bets on Tencent, liquor distillers, dairy producer". South China Morning Post. 31 March 2023. Archived from the original on 28 April 2023. Retrieved 2 October 2023.
- ^ Zhen, Summer; Shen, Samuel (9 June 2023). "China mutual fund sales dry up amid market gloom". Reuters. Archived from the original on 9 June 2023. Retrieved 2 October 2023.
External links※
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