Only a small number of large foreign asset managers are expected to apply for approval to hold a controlling stake in a Chinese asset management joint venture, according to Sean Hung, senior analyst at Moody’s Investors Service.
Tag: China
Shortage of A-share analysts dawns on UK firms
The inclusion of 230-odd China A-shares was a hugely symbolic moment for UK and European investors but the region’s fund industry has failed to get ahead of the curve, with most firms lacking dedicated teams of analysts or products to invest in.
Morgan Stanley eyes majority stake in China JV
Morgan Stanley intends to increase its stake in the joint venture Morgan Stanley Huaxin Fund Management to a majority interest.
Global managers in onshore China fund push
Foreign managers in China are moving forward as Blackrock, Schroders and Man Group launch onshore fund products targeting domestic qualified investors.
CIMB-Principal tops up RQFII quota
Kuala Lumpur-based CIMB-Principal Asset Management has received additional quota enabling the firm to invest in China’s onshore markets, according to latest records from the country’s State Administration for Foreign Exchange (SAFE).
ChinaAMC launches onshore gov’t bond ETF
Despite recent defaults on China bonds, China Asset Management has today listed a fixed income exchange-traded fund that tracks a China onshore bond index.
Invesco Great Wall tops best China fund ideas
Morningstar’s semi-annual report on China’s best mutual fund ideas chose 16 onshore funds based on fund manager experience, consistency in investment process and performance in several market cycles.
Outflows continue for northbound MRF products
April marked five consecutive months of net outflows for Hong Kong-domiciled funds sold in China through the Mutual Recognition of Funds (MRF) scheme, according to the latest data from the State Administration of Foreign Exchange (SAFE).
China’s MSCI inclusion: Big step, little change
Index provider MSCI has today formally included around 230 China A-shares into its three widely-tracked indices, but fund managers see a minimal impact on the A-share market.
Study: Asia’s HNWIs expect outsized SI returns
High net worth individuals in Asia put strong returns ahead of building a better world when it comes interest in sustainable investment (SI) products, according to a survey conducted by Standard Chartered.
