It is only the second asset manager to have both a wholly owned fund management company and a majority-controlled wealth management joint venture.
Tag: China
HSBC AM bets on Asia reopening
Despite the global slowdown in growth, most Asian economies and asset classes will benefit from broader reopening, said the British asset manager.
Schroders favours Chinese and Hong Kong equities amid 2023 recession
Equities are poised to rebound next year amid recession fears, said the British asset manager.
BlackRock appoints head of China asset management division
BlackRock’s majority-owned China asset management unit has appointed Hua Fan as its new general manager.
Asset managers split in responses to ISSB drafts
Diverging responses to ISSB proposals on creating global baseline for climate reporting standards.
Chinese family offices post robust growth
The average assets under management for Chinese family offices increased threefold last year compared with three years earlier, according to a study.
What does the future hold for China property?
As part of a new initiative, FSA is talking to market participants about key trends that shape fund selection. This week, Sheldon Chan and Leonard Kwan, portfolio managers at T Rowe Price, discuss what the future holds for China’s property sector.
Chinese bond funds halt subscriptions
Chinese bond funds aim to stave off fund flows amid pressure on equities, Reuters reports.
China boasts one in 10 global millionaires
The number of millionaires is expected to double by 2026, according to Credit Suisse’s annual Global Wealth Report.
Julius Baer buys stake in Chinese investment firm
Swiss pure play aims to tap into the country’s growing onshore wealth management market.
