Jinsin pledges JV with US arm of Caymans fund manager

Most of the global fund managers lining up to ink joint ventures in Chinese asset management are industry giants, the likes of JPMorgan and Allianz, dealing with local groups that often have provincial or municipal government shareholders. But one of the most innovative agreements involves the US arm of an emerging-market offshore funds manager based in the Cayman Islands on the one hand, and a wholly private sector Chinese partner on the other.