Mainland investors have favoured onshore funds as the domestic market continues to outperform the rest of the world.

Mainland investors have favoured onshore funds as the domestic market continues to outperform the rest of the world.
It wants to join forces with a local firm to tap into the country’s growing financial services sector.
Import substitution and market consolidation is transforming China’s healthcare sector, according to JP Morgan Asset Management.
The sector is expected to deliver earnings growth of 25-30% in the next 12-18 months.
High returns, low correlations and index inclusion should attract foreign flows into China Government Bonds (CGBs), says Fidelity’s Asia CIO.
The regulators just issued $3.36bn of fresh quotas last month, after QDII quota allocations were suspended in April 2019.
While the masses struggle with the impact of coronavirus, China’s most well-healed have enjoyed the biggest wealth increase in two decades, according to Hurun’s latest annual report.
The firm now manages five onshore products in the mainland.
It is also the only foreign asset manager that set up a WFOE in Tianjin, a city near Beijing.
On top of its QDLP business, Neuberger Berman offers PFM funds to qualified investors and is expected to tap the country’s retail fund market.
Part of the Mark Allen Group.