Foreign funds tap new route on improved access

WFOE option increases products for domestic investors, deepensChina's capital market

China's private fund management or PFM segment is seeing new entrants that are coming in through the wholly foreign-owned enterprise or WFOE route, heralding more investment avenues for domestic investors, said analysts.

There is no official data on the number of WFOEs that have registered as PFM firms in China. But knowledgeable sources said their number is estimated to be between 20 and 50, and growing.