ETF GAME: CICC Buys a Majority Stake in Krane Funds Advisors

Posted on 07/12/2017


China International Capital Corporation Limited (CICC) is adding more capabilities to its product line by buying a majority 50.1% ownership stake in Krane Funds Advisors, LLC. Krane Funds Advisors is a New York-based asset manager known for its exchange-traded fund (ETF) product suite known as KraneShares. The deal also enables CICC a greater entry way […]