New York-based Two Sigma Investments LP has registered its Shanghai-based subsidiary as a private fund manager with the Asset Management Association of China, Pensions & Investments reported Sept. 23, citing a company news release.
Two Sigma China Co. was incorporated as a wholly foreign-owned enterprise in November 2018. It develops and offers inshore investment strategies for qualified investors in China.
Two Sigma spokesman Jesse Comart said the U.S. company manages a total of US$60 billion in funds but declined to specify funds or allocations in China, according to the news outlet.
