The inclusion of RMB-denominated bonds in leading global indices will be a turning point for the onshore bond market, following the pattern of the Stock Connect, said Ivan Chung, an associate managing director at Moody’s Investors Service.
Tag: China
Value Partners: China’s tech giants to continue gains in 2018
In 2018, Value Partners’ fund manager Frank Tsui is bullish on the technology and consumer sectors across greater China with a preference for larger names.
Report: FoFs gain traction in the mainland
Investment in fund of funds in China has been building since the China Securities Regulatory Commission (CSRC) finalised guidance for retail FoFs in September last year, according to a report by Boston-based research firm Cerulli Associates.
Robo-advisors real impact may be cost-efficiency
The real contribution of robo-advisors — bringing cost-efficiency to banks — is overshadowed by the narrow human vs machine argument, according to said Zheng Yudong, CEO at a Beijing-based robo-advisor Xuanji.
China rolls out new rules for AM firms
Managers cannot offer investors a guaranteed rate of return, according to one prohibition in the draft guidelines for asset managers released by the People’s Bank of China.
UBS AM launches onshore fund in China
UBS Asset Management’s wholly foreign-owned enterprise (WFOE) in Shanghai has launched an onshore equity fund for domestic high net worth individuals and institutional investors in China.
Blackrock: Asia equities go higher in 2018
Asia’s robust corporate earnings and continuing reform in key markets are expected to lift stock prices in 2018, said Andrew Swan, head of Asian and global emerging market equities at Blackrock.
China Everbright partners with German robo-advisor
Chinese state-owned financial conglomerate China Everbright Group has signed a partnership agreement with Ginmon, a German provider of robo-advisory services.
CIC’s Yun cites some reasons to be bullish on China
China is now in a Goldilocks situation, and it should continue in 2018, according to Edmund Yun, Hong Kong-based head of investment solutions at CIC Investor Services.
The plus and minus of China’s new foreign ownership rules
China recently announced it would ease foreign ownership limits for fund management firms, but huge challenges await foreign players that want to enter China’s retail investor market, industry sources said.