Vanguard Group Inc plans to close its Shanghai-based wholly-owned investment management unit and exit from an investment advisory joint venture with Ant Group, news website Caixin reported on Wednesday, citing multiple unnamed sources.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
