Nancy Qu, Author at Fund Selector Asia

Value Partners ties up with Chinese wealth manager

Italian firm Azimut and Korea’s Mirae Asset are also expected to roll out private funds to qualified mainland investors.

The funds will focus on the “E” factor.

Mainland investors have preferred domestic securities over offshore investments.

The product may have faced intense competition against other Hong Kong-listed ETFs that track the same index.

The firm is also expected to roll out two L&I products in the Lion City.

On top of its QDLP business, the firm also runs a private fund management (PFM) business in the mainland.

The industry was up 35% in 2020.

Investors have been attracted to CSI 300’s broader holdings.

The SFC has also signed similar agreements with Netherlands, mainland China, Switzerland, the UK, Luxembourg and France.

Separately, the firm has raised at least $300m in its Series A funding round, led by Seoul-based Hanwha Asset Management.