Ten foreign managers have now received Qualified Domestic Limited Partnership (QDLP) licences after China revived the programme at the beginning of the year.
Tag: Asset Management Association Of China
Blackrock’s onshore China fund creates fee pressure
Blackrock’s first private securities fund launched onshore in China has adopted a low-fee strategy to attract domestic high net worth and institutional investors.
AMAC: China’s private fund assets hit $2.2trn
Assets in China’s private fund industry grew to reach RMB 13.9trn ($2.16trn), doubled since 2015, according to data from the Asset Management Association of China (AMAC).
Study: China’s private fund market pulling in foreign AMs
China’s private fund market and pension funds present business opportunities for foreign asset managers, according to a Cerulli Associates report.
AMAC lashes out at fund marketing gaffe
The Asset Management Association of China (AMAC) sharply criticised an online fund marketing campaign launched by an Alibaba wealth management arm and involving 16 fund managers.
In China, big AUM means MMF strength
Money-market funds (MMFs) account for at least 35% of the total assets managed by the largest fund management firms in China, according to data from the Asset Management Association of China (AMAC).
Stricter suitability requirements to roll out in China
All products that mainland Chinese can invest in will have to meet newly-introduced suitability requirements starting July 1.
In case you missed it – Asia Finance News
Irish industry body launches guidebook for Chinese managers; Japan’s Asset Management One appoints Hermes for ESG services; Singapore’s MAS and IFC collaborate to advance fintech innovation in the Asean region; Hong Kong’s SFC bans ex-Citibank employee for forgery; and others…
China sets up fund industry courtroom
China’s first court specialised in judging cases involving the fund industry is aimed at tighter scrutiny of the financial industry.
In case you missed it – Financial Markets Updates
China establishes its first fund industry court; management shake-up at China’s Jupai Holdings and Hong Kong’s Value Partners; SFC to co-host two cyber-security workshops; EM hedge fund product returns double that of DM strategies; Amex survey reveals HK finance execs’ optimism towards SAR’s economy; and others…
