The firm’s total AUM was also down 30%.
Category: China
Azimut continues with PFM rollout
The only Italian foreign PFM licence holder now manages six onshore funds in China.
Invesco manager avoids Southeast Asia equities
Digitalisation, premiumisation, experience, urbanisation and wellness are driving the Asia consumption story.
JPMAM confident on China healthcare theme
Import substitution and market consolidation is transforming China’s healthcare sector, according to JP Morgan Asset Management.
UBS Wealth defends China tech valuations
The sector is expected to deliver earnings growth of 25-30% in the next 12-18 months.
Fidelity expects rising China bond exposure
High returns, low correlations and index inclusion should attract foreign flows into China Government Bonds (CGBs), says Fidelity’s Asia CIO.
China to issue $10bn worth of QDII quotas
The regulators just issued $3.36bn of fresh quotas last month, after QDII quota allocations were suspended in April 2019.
Thai investors bet on China equities in Q3
Inflows toward China funds have made UBS AM to be the third largest master fund firm in Thailand, according to a Morningstar report.
Post-covid boost for China’s richest
While the masses struggle with the impact of coronavirus, China’s most well-healed have enjoyed the biggest wealth increase in two decades, according to Hurun’s latest annual report.
Korea’s Hanwha AM taps China’s private market
It is also the only foreign asset manager that set up a WFOE in Tianjin, a city near Beijing.
