The firm set up its Hong Kong office in 2007 and has been investing in Asia since 2010. “We have ambitious plans for further growth in the region as we see increasing interest for our Asian products from our global investor base,” said Karine Hirn, partner and co-founder of the firm. Hirn leads the Hong […]
Tag: China
Baring warms to Korean market
The US and China provide some benefit to Korean corporates, Hyung Jin Lee, head of Asian equities, wrote in a recent research note. As the US economy expands, Korean exports should pick up. Another tailwind is the increasing number of Chinese tourists visiting the country. “In 2014, Chinese residents visited Korea more than any other […]
Stock Connect on social media for China investors
The app provides stock prices along with real-time trading turnover data, quota balances, index tracking and corporate disclosures made to the exchange. It will also cover information about Shenzhen-Hong Kong Stock Connect when it launches. “This new account is part of our broader outreach efforts in mainland China, designed to help educate the market about […]
China equities still reasonable HSBC GAM
A series of monetary easing measures coupled with the launch of the Stock Connect in November last year has led to a sharp surge in mainland equities. The overheating in the market has led to several fund houses warn about a correction. Morgan Stanley Investment Management recently cautioned on a likely bubble in the onshore market. Friday, […]
Financial and industrial sectors have been good China bets
The two sectors have been strong performers due to various reasons. In the financial sector, banks have benefitted from a loosening monetary policy, which is expected to continue this year. The People’s Bank of China has cut both interest rate and banks’ cash reserve requirement ratio three times each since November to combat an economic […]
China gets lowest grade for investor experience
The research firm gave China a “D” because of high fees, particularly for allocation and money market funds. China’s limitations on overseas investing and restrictions on foreign-domiciled funds were also factors, as well as a relative lack of disclosure. “China was one of a minority of markets where the disclosure of conflicts of interest by advisors […]
MSCI China A-share review
After competing an annual review, the global index provider said it would form a working group with the China Securities Regulatory Commission to resolve concerns and issues highlighted by international institutional investors during its consultation. “The concerns include, but are not limited to, the quota allocation process, capital mobility restrictions and beneficial ownership of investments,” […]
LSE Haitong Securities ink a deal
The two firms have agreed to work together to develop RMB-denominated exchange funds tracking Chinese securities and yuan-denominated fixed income products. The deal is also expected to help Chinese investors tap the LSE for initial public offerings and promote development of index- and derivative-based products. “We are fully committed to supporting Haitong Securities’ ambitions and […]
China this week – June 2015
AMAC cautions on Shenzhen market The Asset Management Association of China reiterated warnings to asset managers about the ChiNext, a NASDAQ-type board of the Shenzhen Stock Exchange. Valuations of companies on the Shenzhen exchange have soared as investors expect the Shenzhen-Hong Kong stock connect to launch this year. The organisation said asset managers should encourage […]
A share on MSCI to erode product differentiation
Axa Investment Managers and M&G Investments recently echoed these views and said passive funds in particular are likely to lose distinction as they all realign their portfolios to include A-shares. A-share inclusion would have a “knock-on effect for the passive investment industry”, said Matthew Vaight, global and Asian emerging markets fund manager at M&G. “Over […]
