China continues to refine regulations aimed at opening its financial industry.
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China continues to refine regulations aimed at opening its financial industry.
Yet another Eastspring exec leaves, joining M&G Investments as the firm’s de-merger from Prudential approaches.
The firm expects to launch a second fund of funds onshore in China.
Investors in Hong Kong are putting capital into money market funds, although total AUM of the products remains relatively low, according to Fitch Ratings.
Separately, a number of foreign firms are set to hold a majority stake in a Chinese retail mutual fund business.
Despite Brexit woes, the UK has become the latest choice for China’s qualified domestic institutional investors (QDII).
Products that provide regular income streams to investors have become popular in the Lion City this year.
Aberdeen Standard Investment is the latest asset manager to sell a fixed maturity product (FMP), generating income through allocations to emerging market bonds.
Invesco, UBS Asset Management and NN Investment Partners are the three new beneficiaries of Taiwan’s incentive scheme, while Eastspring fails to make the list this year.
The asset manager’s WFOE taps into domestic demand for China fixed income.
Part of the Mark Allen Group.