China Archives - Page 39 of 54 - Fund Selector Asia

M&G hands mandate to Value Partners

M&G has allocated a portion of its exposure to China equities management to a local stock picker.

A-share tech firms will benefit from consumer and productivity upgrades in China, according to the Asia specialist asset manager.

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.

Meanwhile, global investors poured around $14.5bn in funds that invest in the onshore market, particularly in Chinese bonds.

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

Even though ESG disclosure is not yet mandatory in the country, according to a Fidelity study.

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

Higher corporate earnings as the economy recovers underpins China stocks, according to Robeco.

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