The firm is set to become the first foreign fund house with 100% ownership of an asset management joint venture in mainland China.
Tag: China
How difficult is it to raise assets in China?
Only one foreign firm onshore, a UK-based manager, has exceeded the RMB 2bn ($280m) AUM mark.
Blackrock and NB first to apply for onshore license
The asset managers filed applications on the first day that China officially lifted the investment limitations for foreign fund management firms.
UBS AM adds two more onshore products
UBS Asset Management continues to introduce onshore funds against the background of strong market volatility and imminent global recession.
Northbound funds see inflows of $145m in February
After the unusual outflow in January, Hong Kong-domiciled products sold in the mainland (northbound funds) through the MRF saw net inflows in February.
Value Partners to add ninth onshore fund
The Hong Kong-based asset manager has added one more product for sale in China via the private fund management (PFM) channel.
Noah WM reports slight profit in 2019
A tough Q4 has impacted the NYSE-listed Chinese wealth management firm.
Will the fee-based advisory model gain ground in Asia?
Regulatory developments in Taiwan and China are worth watching as they can potentially influence the shift to fee-based models in the region, according to a Cerulli report.
Oaktree Capital adds onshore China fund
The US firm has been approved for its second QDLP product, which allows it to gather domestic money to invest offshore.
E Fund juggles QDII demand
E Fund Management is one of several China firms, including GF Fund and Dacheng Fund, that imposed restrictions on purchases of their QDII funds last week.