The new wealth management subsidiaries that banks in China are now allowed to set up could rival fund managers to some extent, according to Cerulli Associates.
Tag: China
Foreign investors eyeing China funds, says UBS AM
The firm is also continuing its build-out in the mainland, despite onshore sentiment, by appointing Raymond Yin to lead onshore operations.
Northbound MRF funds see first net inflows in 2018
Hong Kong-domiciled funds sold in the mainland under the HK-China Mutual Recognition of Funds (MRF) scheme saw net inflows of RMB291.24m ($42.24m) in October.
Leading Dutch manager tops up QFII quota
November saw only one firm, APG Asset Management, receive additional quotas under China’s inbound programmes.
Citi PB demystifies Chinese investors
How China’s high net worth investors made their wealth has shaped the way they want to invest it. Julie Koo, managing director and head of the private bank’s investment management sales, explains.
SFC working to widen fund distribution
The Securities and Futures Commission said it is working on diversifying fund distribution channels, which have been dominated by banks.
Mirae Asset adopts ‘dual-track’ China strategy
On top of having a QDLP licence, the Korean firm has received a private fund management (PFM) licence from the Asset Management Association of China (Amac), according to the agency’s records.
Noah’s clients pour into fixed income
At least 80% of the Chinese wealth manager’s sales came from fixed income products during the third quarter, according to the quarterly results report.
HEAD-TO-HEAD: Bosera versus Huatai-Pinebridge
FSA compares the Bosera Yufu CSI 300 Index Fund and the Huatai-Pinebridge Quantitative Enhanced Index Fund.
China AMC to co-launch shariah China fund
The collaboration with RHB Asset Management comes at a time when Malaysian investors have poured money into China-focused equity funds, Morningstar data shows.