List of exempt fund managers (EFMs)

Name of Group	Entities with EFM status
Bank of America Merrill Lynch	Bank of America, N.A.
Bank of China Limited	BOCHK Asset Management Limited BOC Equity Investment Management (Shenzhen) Limited Tai Fung Bank Limited
BNP Paribas Group	BNP PARIBAS ASSET MANAGEMENT Asia Limited (formerly, BNP Paribas Investment Partners Asia Limited) Alfred Berg Kapitalforvaltning AS (Norway) BNP PARIBAS ASSET MANAGEMENT Singapore Ltd (formerly, BNP Paribas Investment Partners Singapore Ltd) BNP PARIBAS ASSET MANAGEMENT Europe (formerly, BNP PARIBAS ASSET MANAGEMENT France) HFT Investment Management Co., Ltd BNP PARIBAS ASSET MANAGEMENT Malaysia Sdn Bhd (formerly, BNP Paribas Investment Partners Malaysia Sdn Bhd) BNP PARIBAS ASSET MANAGEMENT Najmah Malaysia Sdn Bhd (formerly, BNP Paribas Investment Partners Najmah Malaysia Sdn Bhd) BNP PARIBAS ASSET MANAGEMENT UK Ltd. (formerly, BNP Paribas Investment Partners UK Ltd.) BNP PARIBAS ASSET MANAGEMENT USA, Inc. (formerly, Fischer Francis Trees & Watts, Inc.)
CICC Group	Krane Funds Advisors, LLC China International Capital Corporation Hong Kong Asset Management Limited China International Capital Corporation Fund Management Co. Ltd. The discretionary fund management arm of China International Capital Corporation Limited
CITIC Securities Company Limited	CITIC Securities Asset Management (HK) Limited China Asset Management (Hong Kong) Limited China Asset Management Co., Ltd. CITIC Securities Company Limited CITIC Futures Co., Ltd. China Capital management Co., Ltd. CITIC Securities Asset Management Company Limited CITIC CFI Asset Management Company Limited
Citigroup Inc.	Citigroup First Investment Management Limited
Daiwa Group	Daiwa Asset Management Co. Ltd Daiwa Asset Management (Europe) Ltd Daiwa Asset Management (Singapore) Ltd
DBS Group	DBS Bank Ltd.
Deutsche Bank AG	Deutsche Bank AG, Hong Kong Branch Deutsche Bank AG, Singapore Branch Deutsche Bank AG Deutsche Bank AG, Frankfurt Branch Deutsche Bank Securities Inc. Deutsche Bank Trust Company Americas Deutsche Bank National Trust Company Deutsche Bank Trust Company, National Association Deutsche Bank (Suisse) S.A. Deutsche Bank Luxembourg S.A. DB UK Bank Limited Deutsche Bank AG, Brussels Branch Deutsche Bank Sociedad Anónima Española Unipersonal Deutsche Wealth Management S.G.I.I.C., S.A. Deutsche Bank S.p.A DWS Group GmbH & Co. KGaA DWS Investments Hong Kong Limited DWS Investment Management Americas, Inc DBX Advisors LLC RREEF America L.L.C. DWS Investments UK Limited DWS International GmbH DWS Investment GmbH ("DWS Investment Germany") DWS Investment SA ("DWS Investment Luxembourg") DWS CH AG DWS Investments Australia Limited
Goldman Sachs	Goldman Sachs Asset Management International Goldman Sachs Asset Management, LP Goldman Sachs Asset Management Co. Ltd Goldman Sachs Asset Management Australia Pty Ltd. (formerly, Goldman Sachs Asset Management & Partners Australia Pty Ltd.) (and further formerly, Goldman Sachs JBWere Investment Management Pty Ltd.) Goldman Sachs Asset Management (Singapore) Pte. Ltd. Goldman Sachs Asset Management (Hong Kong) Limited Goldman Sachs Asset Management B.V. (formerly known as NN Investment Partners B.V.) Goldman Sachs Asset Management belgium S.A. (formerly known as NN Investment Partners Belgium S.A.)
HSBC	Hang Seng Investment Management Limited HSBC Global Asset Management (Hong Kong) Limited (formerly, HSBC Investments (Hong Kong) Limited) (and further formerly, HSBC Asset Management (Hong Kong) Limited) HSBC Global Asset Management (UK) Limited (formerly, HSBC Investments (UK) Limited) (and further formerly, HSBC Asset Management (Europe) Limited) HSBC Asset Management (Japan) Limited (formerly, HSBC Global Asset Management (Japan) K.K.) (and further formerly, HSBC Investment (Japan) K.K.) HSBC International Trustee Limited, Jersey Branch HSBC Global Asset Management (Taiwan) Limited (English name for identification only) (formerly, HSBC Investments (Taiwan) Limited) HSBC Global Asset Management (Singapore) Limited (formerly, HSBC Investments (Singapore) Limited) HSBC Global Asset Management (France) HSBC Trustee (Singapore) Limited HSBC (Malaysia) Trustee Berhad HSBC Trustee (Hong Kong) Limited HSBC Private Trustee (Hong Kong) Limited HSBC Trustee (CI) Limited Portfolio Management Team of Private Banking Division of The Hongkong and Shanghai Banking Corporation Limited HSBC Jintrust Fund Management Company Limited HSBC International Trustee Limited, Singapore Branch HSBC International Trustee Limited Private Banking Department of HSBC Bank USA HSBC UK Bank plc Asset Management Division of HSBC Qianhai Securities Limited
JPMorgan Group	JPMorgan Asset Management (Asia Pacific) Limited JPMorgan Asset Management (Singapore) Limited (formerly, JF Asset Management (Singapore) Limited) JPMorgan Asset Management (Taiwan) Limited (formerly, JF Asset Management (Taiwan) Limited) JPMorgan Asset Management (Japan) Limited JPMorgan Asset Management (UK) Limited JPMorgan Chase Bank, N.A. (Hong Kong, Singapore, United States, United Kingdom) J.P Morgan Investment Management Inc. (United Kingdom, United States) JPMorgan Asset Management (Canada) Inc. Highbridge Capital Management, LLC JPMorgan Asset Management (China) Company Limited J.P Morgan Alternative Asset Management, Inc. Security Capital Research & Management Incorporated J.P. Morgan (Suisse) SA J.P. Morgan Securities LLC (formerly, J.P. Morgan Securities Inc.) (and further formerly, Bear Stearns & Co., Inc.) J.P. Morgan Societas Europaea
Macquarie Group	Macquarie Investment Management Global Limited (formerly, Macquarie Capital Investment Management (Australia) Limited) Macquarie Investment Management Ltd Macquarie Life Limited Macquarie Investment Management Australia Limited (formerly, MQ Portfolio Management Limited) Macquarie Investment Management Business Trust (formerly, Delaware Management Business Trust) Macquarie Investment Management Austria Kapitalanlage AG
Morgan Stanley	Morgan Stanley Investment Management Limited Morgan Stanley & Co. International plc. (formerly known as Morgan Stanley & Co International Limited) Morgan Stanley Investment Management (Japan) Co., Ltd (formerly known as Morgan Stanley Asset & Investment Trust Management Co., Limited) Morgan Stanley Investment Management Company Morgan Stanley Investment Management Inc. Morgan Stanley Bank Asia Limited Morgan Stanley Asia Limited (Traditional Asset Management within the Investment Management Division) Morgan Stanley Smith Barney LLC Morgan Stanley AIP GP LP (Hedge Fund Solutions and Portfolio Solutions Group businesses) Parametric Portfolio Associates LLC Eaton Vance Management Boston Management and Research Calvert Research and Management Atlanta Capital Management Company, LLC Eaton Vance Advisers International Ltd. Eaton Vance Trust Company Morgan Stanley Investment Management (Australia) Pty Limited
Nomura	Nomura Asset Management Malaysia Sdn Bhd Nomura Asset Management Co., Ltd Nomura Asset Management Hong Kong Limited Nomura Asset Management Singapore Limited Nomura Asset Management U.K. Limited Nomura Asset Management Europe KVG mbH (formerly known as Nomura Asset Management Deutschland KAG mbH)
UBS Group AG	Asset Management UBS Asset Management (Hong Kong) Limited UBS Asset Management (Singapore) Ltd UBS Asset Management (UK) Limited UBS Asset Management (Americas) LLC UBS Fund Management (Switzerland) AG UBS Asset Management Switzerland AG UBS Asset Management (Shanghai) Limited UBS Asset Management (Taiwan) Ltd UBS Asset Management (Deutschland) GmbH UBS Asset Management (Australia) Ltd UBS Asset Management (Japan) Inc UBS Wealth Management, SGIIC, S.A. Credit Suisse Fund Management S.A. Credit Suisse Italy S.p.A. UBS Asset Management SGR S.p.A. Wealth Management UBS AG, Hong Kong Branch UBS AG, Singapore Branch UBS AG, London Branch UBS AG, Jersey Branch UBS AG, Australia Branch UBS Switzerland AG UBS Investment Management Canada Inc. UBS Europe SE UBS Europe SE, Succursale Italia UBS Europe SE, Luxembourg Branch UBS (Monaco) S.A. Credit Suisse (UK) Ltd Credit Suisse Italy S.p.A

Last update: 19 Dec 2024