China-based GF International Investment Management said it will launch Asia’s first ETF that tracks the MSCI China A International Index.
Tag: China
Quantum China cool on MRF
Foreign firms planning on a Hong Kong-domiciled product for the initiative will likely find limited appeal in China, said Anthony Yeung, managing partner and chief executive of Quantum China Asset Management.
Spotting cheap shares in China turmoil
Nikko Asset Management Asia has an overweight view on China and the firm used the recent market correction to increase exposure to Chinese companies listed in Hong Kong, said Peter Sartori, head of equity.
China this week – Fund News and Analysis
A roundup of the week’s asset management industry news from mainland publications.
Citi Private Bank unfazed by A-share rout
“A degree of froth has come out of China’s market” and the bank’s fundamental view remains “very positive”, said Roger Bacon, Asia-Pacific head of managed investments, who shared his second half outlook with Fund Selector Asia.
AUM of mainland firms in Hong Kong leaps 81%
In 2014, mainland asset management firms accounted for HK$988bn ($127bn) or 5.6% of Hong Kong’s fund management business, the SFC said.
China’s Q2 growth fails to impress
China beat market expectations with a 7% year-on-year growth for the second quarter. But in the second half, fund houses are concerned about the financial sector.
China this week – July 2015
A roundup of China news relevant to the asset management industry for the week of July 13.
Ireland approves UCITS for Stock Connect
A rush of applications are expected after the Central Bank of Ireland’s clarification of rules governing how Irish-domiciled funds can utilise the Shanghai-Hong Kong Stock Connect, according to industry group Irish Funds.
BlackRock prefers India, China bonds
Asian bond markets are less vulnerable to the US interest rate rise and India and China are the two preferred countries for bond investments, said Joel Kim, head of Asia-Pacific fixed income at BlackRock.
