Hong Kong-based exchange traded funds (ETF) provider Premia Partners has joined forces with US-based Wisdomtree Investments to develop smart-beta products for the Asian ETF market.
Tag: China
Z-Ben: China retail distribution remains tricky
Foreign managers targeting China’s retail mutual fund market should not rely too much on online channels, according to Jasmine Baker, analyst at Shanghai-based consultancy firm Z-Ben Advisors.
China’s mutual fund industry in two charts
The domination of China’s domestic mutual fund market by money market funds becomes apparent from looking at two charts.
Investec: China’s banks losing share to online platforms
China’s banks, despite a positive outlook, are not the best investments because they face increasingly hard competition from online giants running financial platforms, according to Greg Kuhnert, portfolio manager at Investec Asset Management.
Allianz GI eyes onshore fund entry
Allianz Global Investors is considering applying for a private fund licence in China, following several other global asset managers who have launched onshore products, according to Desmond Ng, Hong Kong-based head of Asia-Pacific.
Investment limits tightened on $233bn Yuebao
Tianhong Asset Management has placed a temporary daily cap on investments in Yuebao, the the world’s largest money market fund, in order to stem the influx of money during the Chinese New Year period.
Investec: Investor relations in China slow to develop
Mainland-listed companies still need to improve transparency, which remains an obstacle to institutional investment, said Greg Kuhnert, portfolio manager at Investec Asset Management.
Aberdeen Standard nearly doubles RQFII quota
China indeed seems to be the big bet this year as Aberdeen Standard Investments receives additional RQFII quota in January to become one of the biggest RQFII quota holders, according to records from China’s State Administration for Foreign Exchange.
Value Partners joins the party with onshore fund
Hong Kong-based Value Partners has joined Fidelity, UBS AM and Man Group with the launch of an onshore China fund, as momentum for foreign-managed products targeting China’s professional investors continues.
Northbound MRF inflows weaker in 2017
The stronger renminbi may be behind a decline in sales of offshore fund products on the mainland via Mutual Recognition of Funds in 2017, said Rex Lo, BEA Union Investment’s managing director for business development.
