Harvest aims to be China’s first global house
Ambitions run high at Harvest, where foreign offices and acquisitions outside of China form part of the firm’s strategy to become the first global Chinese asset manager, said Ashley Dale, chief business development officer at Harvest Global Investments (HGI).
Obstacles to foreign control of China JVs
Only a small number of large foreign asset managers are expected to apply for approval to hold a controlling stake in a Chinese asset management joint venture, according to Sean Hung, senior analyst at Moody’s Investors Service.
Shortage of A-share analysts dawns on UK firms
The inclusion of 230-odd China A-shares was a hugely symbolic moment for UK and European investors but the region’s fund industry has failed to get ahead of the curve, with most firms lacking dedicated teams of analysts or products to invest in.