China

Vanguard’s new China head to build team onshore

A senior China appointment signals that the firm may be coming off the sidelines to follow competitors, who have already launched multiple funds onshore.

Asset Class in Focus | 7 Nov 19

Passives drive equity fund flows in China

Chinese regulators have been convincing domestic players to launch more index funds and ETFs, with the aim of institutionalising the stock market.

Fidelity to apply for public licence in China

The firm has created a new China role as it prepares to transition its private fund management (PFM) business to a public asset management firm.

Northbound fund inflows set another high

Hong Kong-domiciled products sold in the mainland (northbound funds) continue to gather assets.

Wealth management drives CS’s earnings

The wealth management business at Credit Suisse, like at rival banks, has been the bright spot on the balance sheet.

China’s investors give more weight to ESG funds

Mainland investors put higher-than-expected emphasis on including ESG in fund offerings, according to an investor survey.

Asia AUM continues to grow

However, pressure is increasing on Asia fund managers to embrace ESG investing, according to a Willis Towers Watson report.

China approves more investment advisory licences

The regulator has approved five asset managers for onshore investment advisory services, continuing the shift from product sales-orientation to service-orientation.