Around 30 foreign managers have been granted the PFM qualification.
Tag: China
Northbound funds saw more outflows in July
On the flipside, southbound funds have attracted net inflows since March this year.
Citi granted fund custody license in China
The US-based bank is the second foreign firm to obtain a domestic fund custody license.
HK and China launch ETF connectivity scheme
Two Shenzhen-listed ETFs will each invest in products managed by Hang Seng Investment Management and CSOP Asset Management in Hong Kong.
UBP prepares first QDLP product
At least three other firms are expected to roll out QDLP funds in the mainland.
China approves Blackrock wealth management JV
The Chinese regulator has given the go-ahead for Blackrock and Temasek to form a wealth management joint venture (JV) with China Construction Bank (CCB).
Julius Baer collaborates with Beijing wealth institute
Julius Baer will be lending its expertise to improve the training and education of wealth management professionals in China.
Jupai’s revenues down 40% in Q2
The firm’s total AUM was also down 20% to RMB 37.5bn from June last year.
HSBC plans China wealth management hires
A recruitment drive in HSBC’s Asian wealth management business contrasts with massive cuts in the bank’s global workforce.
Mirae Asset to launch more China themed ETFs
The firm now manages $880m in China-focused thematic products in Hong Kong.
