Chuanshang Fund: A Leading Fund Management Company in China
Chuanshang Fund, also known as Changsheng Fund Management Company Limited, was established in March 1999 with a registered capital of RMB 150 million. As one of the leading fund management companies in China, Chuanshang Fund is among the first ten fund management companies founded in the People's Republic of China (PRC). The company is also one of the first six fund management companies approved by the Chinese government to manage the National Social Securities Funds (NSSF).
The company's headquarters is located at 3/F CSC Fortune International Center, 5-3 An Ding Road, Chaoyang Beijing, Beijing 100029, China. Chuanshang Fund specializes in the investment management industry and has developed a full spectrum of fund products, including two closed-end funds, 17 open-end funds, and five NSSFs. These products span from money market funds with lower risk to equity market funds with higher risk, catering to the preferences of different investors.
In September 2006, Chuanshang Fund was appointed as the Chinese advisor to DBS Asset Management (later acquired by and renamed as Nikko Asset Management) for its QFII funds. In October 2007, the company received regulatory approval under the QDII scheme. With this license, Chuanshang Fund has launched a global fund that focuses on leading industries in developed economies.
The success of Chuanshang Fund is attributed to its continuous focus on creating superior values and delivering the best services for its clients. In April 2007, DBS became a strategic shareholder of the company. Upon the completion of the transaction, GuoYuan Securities owned 41% of the company shares, DBS owned 33% of shares, and Anhui Credit Guarantee Group and Anhui Investment Group each owned 13%.
With the strong support from its key shareholders, Chuanshang Fund aims to help its clients maximize their financial returns with solid market knowledge and local resources, as well as global expertise in research, investment, and risk management. For more information about Chuanshang Fund and its offerings, you can visit the company's website at http://www.csfunds.com.cn/.