China Archives - Page 40 of 55 - Fund Selector Asia

Amundi BOC JV debuts product in China

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.

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

Sales of mutual funds during the third quarter reached RMB 14.05bn, up by 18.6% from the second quarter.

The firm is also targeting the retail investor base in the mainland via the MRF scheme.