The Bank of China Group is seeking to raise money for 24 pooled funds from international and domestic investors through a private bank it established in Switzerland, in one of the first instances of a Chinese fund manager touting for business in the West.
Half the funds invest in equities and half in bonds. They will be managed by BOC (Suisse) Fund Management, the Geneva-based entity that Bank of China launched in November, and include investments in China as well as in other global markets, according to a statement.