BNP Paribas Asset Management has followed several other foreign asset managers in launching a Wechat account in China, according to Janis You, Hong Kong-based Asia-Pacific head for brand and communications.
Tag: China
UBS Wealth: Stay invested in the late cycle
Investors should stay invested during the late stage of the bull cycle despite increasing market volatility, according to Hu Yifan, regional chief investment officer at UBS Global Wealth Management.
ICBC Credit Suisse loses half of onshore assets
The joint venture between Credit Suisse and Industrial and Commercial Bank of China has lost its place as the largest onshore asset manager, according to the Asset Management Association of China (Amac).
Wisdomtree expands access to onshore China
New York-based ETF provider Wisdomtree and JP Morgan Asset Management are among the latest recipients of China’s inbound quota schemes, according to latest records from the country’s State Administration (SAFE).
Are China’s ETFs taking off?
Thanks to robust net inflows, China’s ETF market is now second in Asia behind Japan, data from Morningstar shows.
BEA Union: Asian bonds face rate hikes and defaults
Focusing on higher quality and short-dated bonds will help ease the risk of defaults in Asian USD-denominated bonds, said Pheona Tsang, head of fixed income at BEA Union Investment.
Chinese HNW move toward wealth preservation
Wealth managers in China have to be more pro-active about promoting and educating clients about wealth preservation solutions, according to An Kelles, Hong Kong-based business development director for Greater China at Jersey Finance.
Asian HY defaults may hit 3%: Manulife AM
Defaults on Asian high yield corporate bonds may surpass the 2.9% level reported in 2015 due to difficulty in refinancing debt, said Jimond Wong, managing director and senior portfolio manager for Pan-Asia bonds at Manulife Asset Management.
Stock-pickers thrive in 1H China market turmoil
Funds managed by bottom-up stock-pickers are performing well in China’s volatile markets while momentum-driven funds are at the bottom end, according to data from FE Analytics.
Global hedge firms to launch funds in China
Two more foreign managers secure domestic licenses to launch onshore funds for China’s professional investors, according to the Asset Management Association of China (Amac) database.
