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.

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.
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.
Hong Kong-listed Value Partners has launched another onshore China fund through its investment management wholly foreign-owned enterprise (IM WFOE).
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.
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 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).
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 has growing concern over short-term bond funds, which have almost doubled assets year-to-date.
Blackrock’s first private securities fund launched onshore in China has adopted a low-fee strategy to attract domestic high net worth and institutional investors.
Earnings growth, shareholding among top management and dividend payout are the more important factors when evaluating China’s onshore stocks, argues Judy Chang, chief investment officer at China International Fund Management (CIFM).
Part of the Mark Allen Group.