The asset managers filed applications on the first day that China officially lifted the investment limitations for foreign fund management firms.
Author Archives: Nancy Qu
UBS AM adds two more onshore products
UBS Asset Management continues to introduce onshore funds against the background of strong market volatility and imminent global recession.
Northbound funds see inflows of $145m in February
After the unusual outflow in January, Hong Kong-domiciled products sold in the mainland (northbound funds) through the MRF saw net inflows in February.
Hauck & Aufhauser to debut product in Hong Kong
The move signals Fosun Group’s foray into retail funds in Hong Kong.
Schroders appoints co-CEOs to head Apac
The firm also hired from Pictet Asset Management to fill the country head of Japan role.
ASI to launch bond products in Hong Kong
Additionally, an A-shares fund is awaiting approval in Singapore.
Vanguard and Ant Financial to launch advisory service
After the establishment of a joint venture in December, the two firms plan to provide an advisory service targeting China’s retail market.
Value Partners to add ninth onshore fund
The Hong Kong-based asset manager has added one more product for sale in China via the private fund management (PFM) channel.
Noah WM reports slight profit in 2019
A tough Q4 has impacted the NYSE-listed Chinese wealth management firm.
Pictet AM plucks from GSAM for China role
The sales-side appointment coincides with the debut of a multi-asset fund targeting mainland investors through the MRF.