A $40 billion AUM Chinese is making its American debut via KraneShares.

The Hong Kong-based asset manager E Fund Management will serve as the sub-advisor for two KraneShares ETFs, the Trust’s KraneShares E Fund China Commercial Paper Hedged ETF and the KraneShares E Fund China Commercial Paper ETF, according to an SEC filing.

According to the Financial Times, E Fund's leadership wants to develop a U.S. presence, including work with U.S fund managers. 

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