The domination of China’s domestic mutual fund market by money market funds becomes apparent from looking at two charts.

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.
China’s banks, despite a positive outlook, are not the best investments because they face increasingly hard competition from online giants running financial platforms, according to Greg Kuhnert, portfolio manager at Investec Asset Management.
Mainland-owned Overseas Chinese Investment Management has a hedge fund operation in Singapore that hopes to benefit as China loosens capital controls and opens its financial industry.
FSA joins the robo-advisor discussion with its monthly feature showing portfolio returns of three robo-advisors serving clients in Asia.
Hong Kong-based Value Partners is in talks with several foreign asset managers for a new fund outsourcing initiative and the firm aims to form partnerships by the end of the year.
FSA compares two emerging market equity products: the AB Emerging Markets Growth Portfolio and the JP Morgan Emerging Markets Equity Fund.
Tianhong Asset Management has placed a temporary daily cap on investments in Yuebao, the the world’s largest money market fund, in order to stem the influx of money during the Chinese New Year period.
Mainland-listed companies still need to improve transparency, which remains an obstacle to institutional investment, said Greg Kuhnert, portfolio manager at Investec Asset Management.
JP Morgan handily beat all rivals in gathering new assets in its Hong Kong-domiciled bond and mixed asset funds, as investors retreated from pure equity products, Morningstar data shows.
Part of the Mark Allen Group.