Only one foreign firm onshore, a UK-based manager, has exceeded the RMB 2bn ($280m) AUM mark.

Only one foreign firm onshore, a UK-based manager, has exceeded the RMB 2bn ($280m) AUM mark.
Robo-advisory firms in Hong Kong and Singapore say so, though they have been reluctant to give many details.
Raffles Family Office expects to more than double AUM this year, even after putting mainland plans on hold.
Extreme market volatility is a time to reaffirm portfolios, says the private bank, which sees a U-shaped recovery in 2020.
The coronavirus appears to have passed peak infection in China, according to the fund manager, who explains her strategy and how China’s ‘transformative’ companies have been an alpha source.
Cheap relative valuations, technical factors and regional policy actions support Asian corporate bonds, according to experts.
Thirty offshore funds were liquidated last year, including 12 from Jupiter AM, which decided to exit the market.
It’s little surprise that Apac markets are negative for the year, but UBS Wealth Management stands by the forecast of double-digit company earnings growth.
The bank’s sustainable cross-asset portfolio has gathered $1bn in assets from Asia-Pacific clients, according to a spokeswoman for the firm.
Under the new structure, managers may find it easier to distribute their funds outside of Hong Kong.
Part of the Mark Allen Group.