GUANGZHOU, China, March 21, 2017 /PRNewswire/ -- After signing of the Letter of Intent last June, China's 3rd largest asset manager E Fund and one of the largest European pension fund providers APG plan to co-launch the "Financial Future Planning Academy." The Academy will be working with top universities of both markets, focusing on financial investments, technology, policies and regulations, and researching on industry concerning topics to provide better investment products and policy implementation consultation.
Sau Kwan, President of E Fund, said, "We are really excited to establish the Academy together with APG. I believe the Academy will be the 'think tank' to provide thought leadership and solutions for both markets, and help us be better decision makers, continually serving for our clients and community."
The partnership between E Fund and APG started last June and covers a broad spectrum of pension administration, asset management and ICT domains. A lot of achievements have been made during the past 10 months, including a joint investment platform for the China market as well as a technology partnership. Regarding the establishment of the Academy, Gerard van Olphen, CEO of APG also stated, "We are excited to be co-founding the Academy. It's a significant step of our partnership with E Fund. The Academy will produce professional insights and consultancy to support us in research and investment, guiding investors and individuals on better retirement plans."
APG administers pensions and manages pension assets of one of every five Dutch families. As of year-end 2016, it invests 443 billion Euros of pension assets as fiduciary/pension manager, which has made the company the largest pension manager in Europe and one of the largest fiduciary managers worldwide. APG operates globally with offices in the Netherlands (Amsterdam and Heerlen) and subsidiaries in Hong Kong and New York, with more than 2,000 highly qualified employees in the pension administration and the asset management environment.
About E Fund
Established on April 17, 2001, E Fund has grown to be a leading asset manager that provides asset management services in China with mutual funds, pension funds and segregated account business. As of the end of 2016, the company has overseen total AUM over RMB 1 trillion, ranking the top 3 fund managers in China. The company leads the 1st place by AUM without money market funds. Headquartered in Guangzhou, China, E Fund has offices in Beijing, Shanghai, Hong Kong, other major cities of China and New York.
SOURCE E Fund