Private equity products have taken a hit, according to the quarterly results of China’s two NYSE-listed wealth managers, Jupai and Noah Holdings.

Private equity products have taken a hit, according to the quarterly results of China’s two NYSE-listed wealth managers, Jupai and Noah Holdings.
The strategy, which includes EMEA, will have co-managers in Singapore and Boston.
The firm has an ESG validation committee to verify that internal ESG guidelines are followed, according to Jane Ambachtsheer, global head of sustainability.
European investor demand for Asia-focused equity and fixed income strategies may not translate into inflows for Asia-based managers.
In the wealth management partnership with Sumitomo Mitsui, UBS will hold a majority stake.
Netherlands-based Aegon Asset Management has signed an MOU with the Shanghai Lujiazui Administration Bureau to establish a wholly foreign-owned enterprise (WFOE).
Six exchange-traded funds have been approved under the Japan-China ETF Connectivity scheme.
A concern around a company’s ESG profile is usually a concern around fundamentals, explains Mary Jane McQuillen, head of ESG at Legg Mason subsidiary Clearbridge Investments.
Similarly, QDII funds saw net inflows during the first quarter after last year’s $1.6bn in redemptions.
China’s onshore corporate bonds are expected to have more defaults, according to BNPP AM, but offshore China high yield is a different story.
Part of the Mark Allen Group.