Aberdeen Standard Investments’ launch of a China bond fund in Europe signals a pick up in global manager interest in China’s $9trn onshore bond market.
Tag: China
Noah eyes expansion to Singapore
US-listed Noah Holdings is exploring a Singapore wealth management office and has reported a 24% increase in overall profit for the first quarter.
Amundi to sell global equity fund in China
The cross-border Mutual Recognition of Funds scheme added a global equity northbound fund managed by Amundi and received two more applications from Haitong International Asset Management.
Jupai in product shift away from fixed income
NYSE-listed Chinese wealth manager Jupai has been moving out of bond products for its wealth management clients and has reported a 28% rise in first quarter net profit.
China equities get neutral rating from BOS
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.
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.
