China Asset Management
China Asset Management Co.,Ltd. (ChinaAMC; 华夏基金管理有限公司) is one of China's biggest fund families. The company offers investment managers of National Social Security Fund, corporate annuities, Listed Open-end Fund (LOF), QDII and QFII funds, etc. It is the first ETF manager in China, and the sole investment manager of Asian Bond Fund China Fund. The company is the first in the industry to initiate the investment philosophy of Research Creates Value.[1] ChinaAMC is established in 1998 and is headquartered in Beijing, China, with branches in Shanghai, Nanjing, Shenzhen, Chengdu, and Hangzhou, and a subsidiary in Hong Kong. Xiaodong Tang is the CEO of the company. As of December 31, 2009, ChinaAMC is the largest fund management company in China with total assets under management (AUM) of more than RMB 300 billion and more than 13 million investors.