China has been opening up its capital markets with a series of initiatives, however, the best vehicle for institutional investors to tap the onshore equities would be through an asset manager who holds a Renminbi Qualified Foreign Institutional Investor license, according to Principal Global Investors.
Category: News
Bank Pictet appoints independent board director
The Pictet Group has appointed Koh Boon Hwee as an independent board director of Bank Pictet & Cie (Asia), the Group’s private banking entity in Singapore.
Loomis Sayles names co-portfolio manager
Loomis, Sayles & Company has named Scott Service as co-portfolio manager for a suite of investment strategies managed by the company’s global bond team, which oversees about $38bn in global assets.
PineBridge appoints Asia head of marketing
PineBridge Investments has hired Eastspring Investments Jacinta Reddan as managing director, head of marketing and communications for Asia.
Asian fixed income to do well in 2015 BlackRock
While the US Federal Reserve looks poised to raise interest rates in 2015, Asian fixed income market will do well as countries like India and Indonesia are expected to benefit from lower commodity prices through lower inflation and lower subsidy bills, said Joel Kim, head of Asia-Pacific fixed income at BlackRock.
US equities appealing to Asian investors
Some Asian investors are more weighted toward US equities than they have been in the past, but a repeat of this year’s US market performance is unlikely in 2015, said Tristan Camp, investment specialist.
First Lux UCITS approved Hong KongShanghai stock
Regulators have approved the first Luxembourg UCITS to invest in China’s A-shares through the Hong Kong-Shanghai stock connect program.
BlackRock Asian equities in 2015
Asian equity markets are likely to offer improved returns in 2015 as the overall environment shifts toward easy monetary policy conditions, though the preference is for India and North Asia, said Andrew Swan, head of Asian equities at BlackRock.
Harvest draws most capital
Harvest Global Investment, a mainland asset manager, has attracted $2bn in capital for its new funds in Q3 2014, led by its domestic product that can invest in state-owned enterprises.
Baring AM awarded RQFII licence
The RQFII licence will allow Baring Asset Management direct access to mainland Renminbi-denominated equity and fixed income securities.
