Only a handful of foreign managers have launched multiple products in China’s private fund market.
Tag: China
China strategy untouched in Blackrock job cuts
The firm said in an internal memo last week that it will be laying off 500 employees globally, accounting for 3% of its total workforce.
Robos gain traction with distributors in Asia
Hong Kong-based robo advisory Magnum Research has partnered with a number of distributors and institutions in the region.
China doubles QFII quota
The country previously made improvements to the scheme to attract more foreign investors.
Indonesian bonds in Manulife AM’s sights
The firm also likes onshore China bonds, despite the potential for an escalation of the trade war with the US.
Affin Hwang launches UBS fund in Malaysia
Greater China funds had the second highest net inflows in Malaysia, according to Morningstar data.
HK investors lack interest in cross-border schemes
Most Hong Kong investors have not participated in the various cross-border schemes that connect the SAR to the mainland, according to a survey conducted by the Hong Kong Investment Funds Association (HKIFA).
China’s tax regime changes to impact HNW
China’s super wealthy are looking into overseas trusts to transfer their assets and investments as the government rolls out a new tax plan.
MRF sales positive for China funds
Net sales of China-domiciled funds sold in Hong Kong via the Mutual Recognition of Funds (MRF) scheme turned positive in November, according to China’s State Administration of Foreign Exchange (SAFE).
WFOEs face more hurdles besides distribution
With more global fund houses setting up wholly foreign owned enterprises (WFOEs) in China, finding enough of the right staff is likely to be difficult and expensive.
