In a decade, global asset managers are expected to hold 25% of China’s mutual fund industry assets due to regulatory changes and the competitiveness of the foreign firms, according to a report by Shanghai-based consultancy firm Z-Ben Advisors.

In a decade, global asset managers are expected to hold 25% of China’s mutual fund industry assets due to regulatory changes and the competitiveness of the foreign firms, according to a report by Shanghai-based consultancy firm Z-Ben Advisors.
Chinese conglomerate Zhejiang Zhongnan has joined HNA Group and China Post Global in acquiring a foreign fund house, as more mainland groups seek a foothold in asset management.
The return for US and European bond investors offers insufficient compensation for the risk they are taking, especially in the high yield segment, said Norman Villamin, chief investment officer at Union Bancaire Privee.
Foreign asset management joint ventures in China did not escape the industry-wide outflow of capital from actively-managed mutual funds in 2017.
For full year 2017, FE’s cautious, balanced and growth portfolios were up in double digits, but the real test will come during a sustained market downturn.
Hong Kong-based exchange traded funds (ETF) provider Premia Partners has joined forces with US-based Wisdomtree Investments to develop smart-beta products for the Asian ETF market.
Hong Kong’s regulator has fined and reprimanded Swiss wealth manager Credit Suisse for internal control failures and selling unsuitable products.
A delay in launching the ETF Connect may have prompted the recent delisting of some exchange-traded funds (ETFs) from the Hong Kong stock exchange, said David Quah, co-managing director of quantitative investment solutions at Value Partners.
The domination of China’s domestic mutual fund market by money market funds becomes apparent from looking at two charts.
Robeco’s Patrick Lemmens said the asset management industry is still using fax machines to run operations and technology upgrades would have a strong impact on efficiency.
Part of the Mark Allen Group.