The Private Securities Investment Fund Manager (PFM) registration will enable Winton to develop onshore investment products for qualified investors in China. The PFM registration has been granted to Winton Investment Management (Shanghai) Ltd, a Wholly Foreign-Owned Enterprise (WFOE).
Winton initially began collecting and studying data for mainland Chinese markets in 2008, with the launch of its first diversified trading strategy for Chinese futures markets in 2010.
Winton subsequently established its local research and investment management team in 2012 and began working with Chinese partners. Since then, Winton China’s advisory business has grown substantially. Winton’s current Shanghai office opened in 2015.
David Harding, Winton’s founder, Chief Executive Officer and Co-Chief Investment Officer, said:
“Winton’s PFM registration allows us to continue building our business in the Chinese markets for the long term. We have been successfully advising Chinese investors in Chinese futures markets for eight years, and we look forward to developing our business in Chinese equities and futures markets in the years ahead.”