The path to success in China for a foreign fund management firm is the joint venture with a Chinese firm, argues Xianzhou Jiang, vice chairman and CEO of China Construction Bank (Asia), even though wholly foreign-owned enterprises (WFOEs) are now allowed to launch investment products on the mainland.
Dimensional gets underway; China joins the silver bandwagon; Gold versus negative rates; a star sector falls; Drone ETFs; and much more…
China’s dividends for the full year are on course to fall for the first time on record, according to a report from Henderson Global Investors.
The mainland’s China Construction Bank has been added to the list of “global systemically important banks”.
Sentiment for emerging markets has plunged and investors see heightened risk. But Principal Global Investors believes its EM growth prospects remain strong, according to Jim McCaughan, CEO.
China Construction Bank has launched an renminbi-denominated money market exchange traded fund on Euronext Paris.
The idea is to match Chinese credit institutions with high-quality Russian issuers. RDIF and RCIF are exploring an arrangement that would allow Chinese banks to increase the limits on loans and improve access to currency funding for both Russian and Chinese creditworthy companies, the firms said in a joint statrement. Hu Bing, President and co-CEO […]