Funds sold under the China-Hong Kong Mutual Recognition of Funds (MRF) continued to see net outflows in March after an all-time high outflow in the previous month, according to data from the State Administration of Foreign Exchange (SAFE).
Tag: China
China relaxes JV ownership rules
China’s securities regulator has relaxed joint venture ownership limits for foreign asset managers, further opening the domestic asset management industry to foreign firms.
Firms receive China’s inbound quotas
London-based Highclere International Investors and Hong Kong-based CIFM Asset Management are the latest recipients of China’s inbound quota schemes, according to records from the country’s State Administration for Foreign Exchange (SAFE).
China’s QDII programme makes a comeback
China has relaxed its outbound investment schemes with the revival of the qualified domestic institutional investor (QDII) programme and the expansion of two other outbound programmes, according to records from China’s State Administration of Foreign Exchange (SAFE).
Z-Ben reveals top foreign firms in China
UBS Asset Management has replaced JP Morgan Asset Management as the top ranked foreign fund manager in China in terms of building a good China strategy, according to a report by Z-Ben Advisors.
Uncovering China’s small caps
China’s small caps are telling a completely different story than larger companies, but they are under-analysed and face-to-face due diligence is required, said Tiffany Hsiao, lead manager of Matthews Asia China Small Companies Fund.
Fidelity HY manager eyes China property bonds
Industry consolidation in China’s property development market has made the separation between winners and losers more clear and improved valuations in the sector, said Bryan Collins, lead manager of Fidelity Asian High Yield Fund.
DWS more bullish on China
Financials re-rating, structural changes and deleveraging are behind an increased confidence in DWS’s overweight in China equity, according to the firm’s CIO Sean Taylor.
Atlantis IM bets on China’s healthcare, banks
The healthcare and banking sectors will lead China equity returns in 2018, according to Liu Yang, chairwoman of boutique fund house Atlantis Investment Management.
Korea equity fund to be sold under MRF
China’s Haitong International Asset Management seeks approval to distribute its Korea equity fund on the mainland under the Mutual Recognition of Funds (MRF).
