The US firm is reportedly about to join other global asset managers in applying for a private fund management (PFM) license in China, according to local media.
Tag: China
Chinese subsidiary internationalises in HK
Foresee Global Asset Management in Hong Kong is the latest firm to receive a licence that enables it to invest in onshore Chinese markets, according to records from the China Securities Regulatory Commission.
HEAD-TO-HEAD: Bosera vs E Fund
FSA compares the Bosera Credit Market Fund and the E Fund Stable Value Bond Fund.
Swiss-HK MRF a challenge, says BEA Union
The CEO of the Hong Kong-based firm shares her thoughts on Switzerland fund distribution, her firm’s China strategy and the burden of a Ucits structure.
Income Partners aims for onshore fund in 2019
Fixed income specialist Income Partners hopes to make a big splash in China’s onshore market, says Emil Nguy, chairman, chief executive officer and chief investment officer at the Hong Kong-based firm.
China’s QDII fund outflows hit $2.17bn in 2018
QDII funds, which mainland firms use to invest domestic capital outside of China, have had strong net outflows during the year.
Foreign private funds in China total 17
Italy’s Azimut has registered its first private securities fund with the Asset Management Association of China (Amac) after obtaining approval in February.
Nikko bets on domestic consumer plays
Online shopping in China is growing, creating loyal internet consumers who are increasingly spending at small retailers, according to Grace Yan, Hong Kong-based portfolio manager at Nikko Asset Management.
Large banks to keep control of China JVs
Despite a relaxation of foreign ownership rules, Chinese partners are expected to retain the majority stake in joint ventures because China’s asset management business is lucrative, said Ye Kangting, analyst at Cerulli Associates in Singapore.
China fund distribution remains rough
Global asset managers are setting up in China, but lack of an onshore track record and brand recognition are among the challenges they face with onshore distribution, according to Aberdeen Standard and Fullerton.
