Despite a 1H profit slide, Hong Kong-listed Value Partners said it intends to open offices in Malaysia and the US and possibly launch a ‘core China’ fund in Europe.
Tag: China
China wants to attract overseas fund talent
Chinese authorities have simplified procedures for Taiwan professionals to work in the fund industry and are now offering the exams in English.
Foreign managers continue to move into China
Barings, Income Partners and Van Eck Associates have recently set up in China, while three other firms secured a licence to distribute funds to domestic professional investors.
Report: China, India driving AUM growth
Asset growth in China’s money market funds is expected to slow, while India may see a period of consolidation among its robo-advisors, according to Boston-based research firm Cerulli Associates.
Value Partners launches its third onshore fund
Hong Kong-listed Value Partners has launched another onshore China fund through its investment management wholly foreign-owned enterprise (IM WFOE).
i-Fast’s China AUA grows 140%
Singapore-headquartered i-Fast Group’s assets under administration (AUA) in China grew 140.5% to RMB 466m ($68.3m) in June from the previous year, according to the firm’s first half financial results.
Samsung AM shifts to smart beta
The Korean asset manager, which delisted six ETFs in Hong Kong last year, now plans a move into thematic and smart beta products for the Hong Kong market.
China’s quota programmes take a break
China did not give additional allocations for its inbound and outbound quota programmes last month, according to records from the State Administration of Foreign Exchange (SAFE).
MRF northbound funds lose half of assets in H1
Funds sold in China through the Mutual Recognition of Funds (MRF) scheme had a record month of outflows in June and in total lost half of assets since January, according to the State Administration of Foreign Exchange (SAFE).
China’s regulator alert to bond fund growth
China’s regulator has growing concern over short-term bond funds, which have almost doubled assets year-to-date.
