Fidelity International has appointed a new Country Head for China. The asset manager recently became the first manager to register with the Asset Management Association of China as a private fund management company.
Jackson Lee will lead the firm’s long-term strategy in China, he will be responsible for identifying and pursuing new business opportunities in this key market the firm said in a press release.
Lee has over 12 years of experience in the asset management industry and joined Fidelity International in 2010. He was previously the Beijing Chief Representative and has worked in China for over six years. He will relocate to Shanghai in his new role as China country head.
He will report to Daisy Ho, Managing Director, Asia ex-Japan.
Fidelity International has over 400 employees in China and key offices are located in Beijing, Shanghai and Dalian.
China First
As finews.asia recently reported Fidelity International obtained the first wholly foreign-owned enterprise (WFOE) private fund management qualification in the country on 3 January 2017, a significant milestone for the company in China.
The company is expected launch its first onshore private fund in the next six months to support Chinese institutional and high net worth investors.
