The lending organisation had strong words about difficulties in “critical areas”, while Rhodium Group warned that wealth management products are behind shadow financing that is driving “unsustainable” economic growth, creating conditions similar to those that led to the 2007-2008 global financial crisis.
Author Archives: Drew Wilson
Drew Wilson is editor of Fund Selector Asia. Previously he was editor at a publication covering private equity.
UBS AM sees $3.5trn flowing into China fixed income
The firm has ambitious plans to target on and offshore investors in China and sees the asset pool in the mainland growing signficantly, said Rene Buehlmann, head of Asia Pacific and group managing director for UBS Asset Management.
China’s WM due for `cleansing’, says Noah WM
The ongoing regulatory crackdown on China’s wealth managers impacts on Noah, but Kenny Lam, group president of Noah Holdings, believes it is a positive in the long term.
Aberdeen joins others targeting alts in Asia
Known as an emerging markets specialist, the firm has been diversifying into alternatives and intends to make a push for alts and multi-asset in Asia, said Andrew McCaffery, global head of alternatives and group head of solutions.
HEAD-TO-HEAD: iShares vs CSOP
FSA compares the strategy of two exchange traded funds, the iShares CSI 300 A-share index ETF and the CSOP China CSI 300 Smart ETF.
Chinese lead in $27bn outbound property investment
In the first half, 60% of Asia’s outbound property investment was from the mainland, according to CBRE Asia-Pacific.
Value Partners reports a very tough first half
The China-focused asset manager revealed broad losses across AUM, revenue, net profit and EPS for the first half, while announcing new hires and a UK office.
China’s Noah sets up Jersey managed trust
The Shanghai-based independent wealth manager set up a trust with provider JTC to address the increasing succession planning needs of its mainland HNW clients.
China approves Shenzhen-Hong Kong Connect
China’s regulator has formally approved the Shenzhen-Hong Kong Stock Connect, which was expected to launch last year.
OMGI hires JPM AM veteran as China head
Old Mutual Global Investors has brought in Richard Mo to develop ties with China’s regulators and distributors as the UK-based firm continues its Asia build out.
