Martin Currie sets up China venture with Ruffle

Martin Currie's China team of Chris Ruffle and Ke Shifeng have set up a joint venture with their emp...

Martin Currie’s China team of Chris Ruffle and Ke Shifeng have set up a joint venture with their employer to expand its business in the region. Under the arrangement, Martin Currie will own 50% of the business, called Martin Currie China, with Ruffle and Shifeng owning the remaining 50%. Although Ruffle and Shifeng are no longer formally employed by Martin Currie, the new venture involves a five-year contract to work with the group. The company will be run from Shanghai where Ruffle and Shifeng are currently based. Andy Sowerby, managing director of marketing, described the moves as techn...