The firm has created a new China role as it prepares to transition its private fund management (PFM) business to a public asset management firm.
Tag: China
Northbound fund inflows set another high
Hong Kong-domiciled products sold in the mainland (northbound funds) continue to gather assets.
Wealth management drives CS’s earnings
The wealth management business at Credit Suisse, like at rival banks, has been the bright spot on the balance sheet.
China’s investors give more weight to ESG funds
Mainland investors put higher-than-expected emphasis on including ESG in fund offerings, according to an investor survey.
Asia AUM continues to grow
However, pressure is increasing on Asia fund managers to embrace ESG investing, according to a Willis Towers Watson report.
China approves more investment advisory licences
The regulator has approved five asset managers for onshore investment advisory services, continuing the shift from product sales-orientation to service-orientation.
Stan Chart to distribute Blackrock fund onshore
In total, Standard Chartered in China distributes around 200 QDII products managed by 10 foreign asset management firms.
China clarifies credit standards for WMPs
China continues to refine regulations aimed at opening its financial industry.
China sets foreign-ownership limits date
Separately, a number of foreign firms are set to hold a majority stake in a Chinese retail mutual fund business.
CCB Principal launches UK equities QDII product
Despite Brexit woes, the UK has become the latest choice for China’s qualified domestic institutional investors (QDII).
