According to the influential Bank of America survey, only 5% of fund managers now have an overweight position in Chinese equities.

Originally from the UK, Thomas is a financial journalist with over 10 years’ experience including nine in Asia. He began his career at Euromoney Institutional Investor, completing the graduate scheme and going on to establish the Asia bureau for IJGlobal, the world’s foremost source of intelligence on the project finance market. After a stint at KPMG, he joined International Financing Review, which was originally owned by Thomson Reuters and later Refinitiv, where he managed the people & markets section in Asia. He joined Bonhill Group as regional editor for Asia in 2022, which includes oversight of Fund Selector Asia. He is a graduate of the University of Cambridge. Connect with him on LinkedIn here.
According to the influential Bank of America survey, only 5% of fund managers now have an overweight position in Chinese equities.
The report from Henley & Partners shows that 13,500 high-net-worth individuals are set to leave mainland China this year.
Chew Sutat is a former managing director at the Singapore Exchange.
UBS Global Wealth Management launched its flagship sustainable multi-asset portfolio in 2018.
The new initiative will bring together lawyers, trust companies, accountants, private banks and more.
Ranjit Khanna has joined Bank of Singapore as global market head for the Middle East.
The Swiss asset manager has downgraded its outlook on China equities to neutral from overweight.
The two new businesses will come into effect by 31 March next year.
Tony Tang is leaving the investment manager, with his responsibilities transferring to Susan Chan.
Part of the Mark Allen Group.