头部基金子公司获批成立 全市场基金销售子公司已有9家

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has approved E Fund Management Co., Ltd. to establish a wholly-owned subsidiary, E Fund Wealth Management Fund Sales (Guangzhou) Co., Ltd., marking a significant step in the company's expansion into wealth management services [1][2][3] Company Summary - E Fund Wealth has a registered capital of 100 million RMB and will focus on securities investment fund sales [2] - The establishment of E Fund Wealth is part of a broader trend in the industry, with a total of 9 fund sales subsidiaries now approved in the market [4][5] - E Fund has been preparing for this subsidiary's establishment since May 2023, responding to regulatory feedback and building a team of over 100 professionals across various functions [3][6] Industry Summary - The approval of E Fund Wealth aligns with recent policies aimed at supporting the development of fund advisory services, which have been gaining traction since the pilot program began in 2019 [3][5] - The industry is witnessing a shift towards wealth management, with regulatory support encouraging fund management companies to diversify their services [4][5] - The establishment of sales subsidiaries is seen as a strategy for fund companies to enhance their competitive edge and explore new profit growth opportunities [6]