Recent history has shown how successful sectors can be cut down to size at the whim of the government.
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Recent history has shown how successful sectors can be cut down to size at the whim of the government.
It is the first wealth and asset manager to convert its joint venture into a wholly foreign owned public fund management company.
The easing of government regulations will benefit the sector for the remainder of the year, Morningstar argues.
BlackRock’s majority-owned China asset management unit has appointed Hua Fan as its new general manager.
The average assets under management for Chinese family offices increased threefold last year compared with three years earlier, according to a study.
As part of a new initiative, FSA is talking to market participants about key trends that shape fund selection. This week, Sheldon Chan and Leonard Kwan, portfolio managers at T Rowe Price, discuss what the future holds for China’s property sector.
Chinese bond funds aim to stave off fund flows amid pressure on equities, Reuters reports.
The number of millionaires is expected to double by 2026, according to Credit Suisse’s annual Global Wealth Report.
US-headquartered asset manager also lays out constructive stance on China equities during fourth quarter outlook.
Swiss pure play aims to tap into the country’s growing onshore wealth management market.
Part of the Mark Allen Group.