Nancy Qu, Author at Fund Selector Asia

Gao Teng launches China fixed income fund

In total, the firm manages seven SFC-authorised funds in Hong Kong.

In total, there are 34 funds for sale on the platform, including 25 HK dollar-denominated funds and nine US dollar-denominated funds.

The firm is targeting both HNWIs and institutions in the mainland.

The firm plans to launch more products, including “fixed income plus” and mixed-asset strategies.

On the fixed income front, JP Morgan AM prefers risk assets, including high yield and emerging market debt.

Winton and UBS AM are the only foreign players that have raised assets above the RMB 2bn ($305.8m) mark.

The firm is also expected to roll out two ESG-focused products in the Lion City.

The Japanese asset manager also manages a QDLP product in the mainland.

Mainland investors have been avoiding northbound funds in favour of domestic products.

A total of $12bn worth of quotas were issued this year.