China’s credit bubble and a possible trade war with the US has put the bank between bull and bear, according to Lousia Fok, China equity strategist at Bank of Singapore.
Tag: China
Is seeding funds a way to improve China distribution?
China should allow foreign firms to seed their own onshore funds via QFII quota, giving potential mainland clients the confidence to invest, said Eugenie Shen, head of the asset management group at industry association Asifma.
Investec bets on China government bonds
Amid concerns over illiquid credit market in China, bonds issued by the government and the policy banks are an attractive option, argues Wilfred Wee, China fixed income portfolio manager at Investec Asset Management.
BOCI-Prudential HK equity fund to sell under MRF
Another Hong Kong equity fund has been approved for distribution on the mainland under the Mutual Recognition of Funds (MRF) scheme, according to the China Securities Regulatory Commission (CSRC).
China online WM at $2.13trn and growing, says BCG
Assets in China’s online wealth management have grown 50% annually over the past five years, according to the consulting group.
Aberdeen Standard launches A-share fund in China
Following other foreign asset managers, ASI has launched an equity fund in China through its investment management wholly foreign-owned enterprise (IM WFOE), targeting qualified domestic investors.
BNPP AM sets up Asia-based fixed income team
BNP Paribas Asset Management has made several hires in Hong Kong and Singapore and plans to hire more people in mainland China, according to Bryan Carter, London-based head of emerging market fixed income.
China and Hong Kong lead in billionaires
The number of billionaires in Asia has overtaken North America for the first time, largely driven by China and Hong Kong, according to Wealth-X’s latest billionaire report.
MSCI set to add 200 China onshore stocks
MSCI has selected 234 stocks out of 3500 companies listed in Shanghai and Shenzhen to add to its widely-tracked global and regional indices.
JP Morgan AM eyes majority stake in China JV
JP Morgan Asset Management intends to increase its stake in the joint venture China International Fund Management (CIFM) to a majority interest.
