The inclusion of China’s onshore bonds on the Bloomberg Barclays Global Aggregate Index is seen as a positive development, but don’t expect a surge of capital in the short-term, managers said.
Tag: China
Value Partners unshaken by tariff moves
Value Partners’ fund manager Frank Tsui said the tariffs may lead to near-term market volatility, creating some buy-on-the-dip opportunities.
Barings: Beyond BATs
Investors in China’s technology sector should look beyond the flagship giants Baidu, Alibaba and Tencent, argues William Fong, director for Hong Kong China equities at Barings.
Chinese investors to shift away from WMPs
Chinese investors are expected to move away from banks’ wealth management products towards products managed by asset managers, according to a report by Oliver Wyman, a consulting firm.
In case you missed it (16 March 2018)
Franklin Templeton and Samsung AM to establish JV in Korea; Nippon Life to acquire 5% stake in Deutsche AM IPO; UBS AM launches RMB fixed income fund to professional investors in Hong Kong and Singapore; majority of funds in Australia underperform; MAS and Singapore Police to jointly investigate all financial advisory offences; MSCI launches 12 new China indexes; and more…
HSBC GAM: Currency rise may lift China bonds
China will see a stronger renminbi and a looser money supply in 2018, as the authorities’ agenda aimed at curbing domestic leverage evolves, argues Gregory Suen, investment director for Asian fixed income at HSBC Global Asset Management.
Amundi AM may follow peers with China WFOE
Amundi Asset Management is considering setting up wholly foreign-owned enterprise (WFOE) in China and plans to launch more Hong Kong-domiciled funds, according to Zhong Xiaofeng, the firm’s CEO for North Asia.
China’s Jupai doubles net profit in 2017
In 2018, China’s NYSE-listed wealth manager Jupai plans to invest less in fixed income products and more in private equity and preferred shares.
Value Partners reports record profits
Hong Kong-based asset manager Value Partners has posted record net profits of HK$2.05bn ($261.5m) for 2017, almost 15 times those of the previous year, thanks to performance fees earned in the booming equity markets.
China’s retail finance set to grow, says JPM AM
Services offered by China’s securities brokerages, banks and insurers are not yet in wide use among domestic households, creating growth opportunities, said Howard Wang, co-manager of the JP Morgan China Pioneer A-share Fund.
