APS Asset Management will act as an advisor for a PFM fund in the mainland.

APS Asset Management will act as an advisor for a PFM fund in the mainland.
On the flipside, investors have continued to pour money into southbound funds.
The implementation details of wealth management connect (WMC), including the scope of eligible investment products, will be announced later.
The Covid-19 outbreak has significantly impacted the Chinese economy, but it is unlikely to undermine the country’s structural drivers, according to Eastspring Investments’s China equities CIO.
Neuberger Berman will act as an advisor for a PFM product.
The firm is bringing to Hong Kong an enhanced index product that invests in China A-shares.
The firm received its licence four years after it established a WFOE in China.
Even foreign players have opened accounts with online fund platforms for selling investment products direct to investors.
Strong net fund inflows in China belied the trend elsewhere in Apac during the first three months of 2020, says a Broadridge report.
Strong monetary and fiscal stimulus measures have provided ample liquidity and credit availability to support Asian borrowers, according to the firm’s head of Asian credit.
Part of the Mark Allen Group.