The partnership is the third Sino-foreign joint venture wealth management company approved to start business.
China’s regulator has growing concern over short-term bond funds, which have almost doubled assets year-to-date.
Fund Selector Asia compares two China onshore funds, the Bocom-Schroder Growth Mixed Securities Investment Fund A and the CIFM China Sector Rotation Fund Class A.
The asset management partnership between Schroders and the Bank of Communications has launched two mutual funds in Hong Kong under the MRF programme.
A roundup of the week’s asset management industry news from mainland publications.