SHANGHAI, July 21,
2022 /PRNewswire/ -- Thornburg Investment Management
("Thornburg") today announced that its wholly foreign-owned
enterprise, Thornburg Investment Management (Shanghai) Limited, has successfully filed for
registration and has been granted a Qualified Domestic Limited
Partnership ("QDLP") license from the China Asset Management
Association. The license will give qualified investors in
China access to a range of
Thornburg's investment solutions, including its multi-asset, global
fixed income and equity strategies.
"In our 40th anniversary year, the approval of the
QDLP license marks an important milestone for Thornburg in its
international expansion," said Thornburg
President & CEO Jason
Brady. "As Chinese investors look for greater
diversification, we believe our differentiated approach to active
management, as well as decades of experience in global investment
and risk management, will provide premium global wealth management
and diversified asset investment services to institutional and
high-net-worth investors in the country."
Thornburg Investment Management (Shanghai) Limited has assembled a dedicated
team in Shanghai with deep
expertise in business development and operations to serve the QDLP
business. The team will provide services to qualified investors in
China with support from its
U.S.-based global management and investment teams, headquartered in
Santa Fe, New Mexico.
About Thornburg
Thornburg is a global investment firm delivering on
strategy for institutions, financial professionals and investors
worldwide. The privately held firm, founded in 1982, is an active,
high-conviction manager of fixed income, equities, multi-asset
solutions and sustainable investments. With US$42 billion in client assets as of 30 June 20221, the firm offers mutual
funds, closed-end funds, institutional accounts, separate accounts
and UCITS funds for non-U.S. investors.
As an independent firm, Thornburg can take on a wide range of
opportunities, explore ideas thoroughly and work across strategies
to deliver consistent risk-adjusted outperformance over the long
term. The firm attracts free-thinking professionals who are eager
to pursue investment outcomes beyond the confines of popular
wisdom. From nimble operational capabilities to principles and
actions fitting of a global citizen, Thornburg's world-class
investment platform and team are aligned on strategy to serve
investors.
Thornburg's U.S. headquarters is in Santa Fe, New Mexico with offices in
London, Hong Kong and Shanghai. For more information, visit
www.thornburg.com.
Important Information
The views expressed are subject to change and do not necessarily
reflect the views of Thornburg Investment Management, Inc. This
information should not be relied upon as a recommendation or
investment advice and is not intended to predict the performance
of any investment or market.
This is not a solicitation or offer for any product or service.
Nor is it a complete analysis of every material fact
concerning any market, industry, or investment. Data has
been obtained from sources considered reliable, but Thornburg
makes no representations as to the completeness or accuracy of
such information and has no obligation to provide updates or
changes. Thornburg does not accept any responsibility and cannot be
held liable for any person's use of or reliance on the
information and opinions contained herein.
Investments carry risks, including possible loss
of principal.
Outside the United
States
For United Kingdom: This
communication is issued by Thornburg Investment Management Ltd.
("TIM Ltd.") and approved by Robert Quinn Advisory LLP which is
authorised and regulated by the UK Financial Conduct Authority
("FCA"). TIM Ltd. is an appointed representative of Robert Quinn
Advisory LLP. This material constitutes a financial promotion for
the purposes of the Financial Services and Markets Act 2000 (the
"Act") and the handbook of rules and guidance issued from time to
time by the FCA (the "FCA Rules").
This material is for information purposes only and does not
constitute an offer to subscribe for or purchase any financial
instrument. TIM Ltd. neither provides investment advice to, nor
receives and transmits orders from, persons to whom this material
is communicated nor does it carry on any other activities with or
for such persons that constitute "MiFID or equivalent third country
business" for the purposes of the FCA Rules. All information
provided is not warranted as to completeness or accuracy and is
subject to change without notice.
This communication is exclusively intended for persons who are
Professional Clients or Eligible Counterparties for the purposes of
the FCA Rules and other persons should not act or rely on it. This
communication is not intended for use by any person or entity in
any jurisdiction or country where such distribution or use would be
contrary to local law or regulation.
This is directed to INVESTMENT PROFESSIONALS AND INSTITUTIONAL
INVESTORS ONLY and is not intended for use by any person or entity
in any jurisdiction or country where such distribution or use
would be contrary to the laws or regulations applicable to
their place of citizenship, domicile
or residence.
Thornburg is regulated by the U.S. Securities and Exchange
Commission under U.S. laws which may differ materially from laws in
other jurisdictions. Any entity or person forwarding this to
other parties takes full responsibility for ensuring compliance
with applicable securities laws in connection with its
distribution.
For Hong Kong: This article is
issued by Thornburg Investment Management (Asia) Limited ("Company"), a wholly-owned
subsidiary of Thornburg Investment Management. Inc. The
Company is currently licensed with the Hong Kong SFC for Type 1
regulated activity, with the CE No.: BPQ208.
The material is only intended for Individual, Corporate and
Institutional Professional Investor Use Only and may not be
reproduced or redistributed to any person without the written
consent of Thornburg Investment Management (Asia) Limited or its
affiliated companies.
This material has not been reviewed by the Securities and
Futures Commission of Hong
Kong.
This document is for informational purpose only and should not
intended to constitute any tax, accounting, regulatory, legal,
insurance or investment advice and does not constitute any
offer or solicitation to offer or recommendation of any
investment product/service from the Company. The information
provided is not intended to predict the performance of any
investment or market. Data has been obtained from
sources considered reliable. Notwithstanding, the Company
makes no representations as to the completeness or accuracy of
such information or opinion and has no obligation to provide
updates or changes. The Company does not accept any responsibility
and cannot be held liable for any person's use of or reliance
on the information and opinions contained herein.
Investment involves risks. Past performance is not a guide to
future performance and should not be the sole factor of
consideration when selecting a product. You should not make
investment decision solely based on this general information. If
you have any queries, please contact your financial advisor
and seek professional advice. All
financial investments involve an
element of risk.
For Mainland China: The content of this material is for
reference only, and does not constitute a purchase offer, sale
invitation, investment advice or promise, and should not be
construed as a recommendation to adopt any investment strategy. The
content was taken from sources reasonably believed to be accurate
and reliable at the time of publication. The company will not be
responsible for errors or omissions in the content. All content can
be changed at any time and without prior notice.
This material may contain forward-looking statements and
forecasts based on certain assumptions as of the date of this
writing. The company cannot guarantee that these
forward-looking statements and forecasts will be realized, and does
not undertake the obligation to update or correct any content.
Recipient should not substitute such information for their
independent judgment or make decisions based solely on such
information.
Investments contain risk, including possible loss of
principal. No representation or warranty, expressed or
implied, is given by the company or affiliated companies or its
respective directors, officers, representatives and/or employees as
to the accuracy or completeness of the material, nor is it
responsible for any direct or indirect losses caused by the
content.
1 Includes $40 billion
in assets under management and $2
billion in assets under advisement as of 30 June 2022.
Media Inquiries
Michael
Corrao
Director of Global Communications
Thornburg Investment Management
Tel: +1 505 467 5345
Email: mcorrao@thornburg.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/thornburg-investment-management-obtains-qdlp-license-in-china-301591360.html
SOURCE Thornburg Investment Management
