Tianhong Asset Management

Tianhong Asset Management Co., Ltd.
Native name
天弘基金管理有限公司
Company typeSubsidiary
IndustryFinancial services
FoundedNovember 8, 2004; 20 years ago (2004-11-08)
Headquarters
AUMUS$186 billion (Q2 2022)
ParentAnt Financial (51%)
Websitewww.thfund.com.cn

Tianhong Asset Management Co., Ltd. (Chinese: 天弘基金管理有限公司; pinyin: Tiānhóng jījīn guǎnlǐ yǒuxiàn gōngsī) is a Chinese asset management company founded in 2004. From 2014 it was considered the largest asset management company in China until 2021.[1][2] Its most notable product is the Tianhong Yu’e Bao fund which at one point was the world's largest money market fund.[3][4]

  1. ^ "E Fund overtakes Tianhong as China's largest fund manager | Asia Asset Management". www.asiaasset.com. Archived from the original on 16 March 2024. Retrieved 29 November 2022.
  2. ^ "Tianhong becomes biggest Chinese fund house | Fund Managers". AsianInvestor. 27 April 2014. Archived from the original on 29 November 2022. Retrieved 29 November 2022.
  3. ^ Cite error: The named reference :3 was invoked but never defined (see the help page).
  4. ^ "China's giant money market fund relaxes investment restrictions". Reuters. 10 April 2019. Archived from the original on 29 November 2022. Retrieved 29 November 2022.