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).
Tag: China
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.
Vanguard: A soup of China’s share classes is best
Investing across all share classes within the Chinese equities universe will provide more diversification benefits for investors, argues Cyrus Mui, Hong Kong-based head of product research for Asia at Vanguard.
Two firms launch China funds in HK
Hang Seng Investment Management and Investec Asset Management are the latest firms to launch China-focused products in Hong Kong.
ESG scoring should be binary, but it’s elusive
ESG investing requires quantifiable methods throughout the analysis process, but you can only go so far with numbers, according to Marc Bindschädler, senior portfolio advisor at MTX, a boutique under Vontobel Asset Management.
