The firm is also continuing its build-out in the mainland, despite onshore sentiment, by appointing Raymond Yin to lead onshore operations.

The firm is also continuing its build-out in the mainland, despite onshore sentiment, by appointing Raymond Yin to lead onshore operations.
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.
November saw only one firm, APG Asset Management, receive additional quotas under China’s inbound programmes.
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.
The Securities and Futures Commission said it is working on diversifying fund distribution channels, which have been dominated by banks.
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.
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.
FSA compares the Bosera Yufu CSI 300 Index Fund and the Huatai-Pinebridge Quantitative Enhanced Index 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.
Hong Kong-based Zeal Asset Management and New York-headquartered Two Sigma Investments have obtained IM WFOE licences.
Part of the Mark Allen Group.