US-based Principal Global Investors intends to support Chinese asset management partner CCB in launching funds offshore, said PGI’s CEO Jim McCaughan.

US-based Principal Global Investors intends to support Chinese asset management partner CCB in launching funds offshore, said PGI’s CEO Jim McCaughan.
Coordinating with the head office, keeping up with local regulations, branding and distribution are top challenges when establishing an investment management wholly foreign owned enterprise (WFOE) with a private fund management (PFM) licence in China, according to industry sources.
CSOP Asset Management plans to bring big data and artificial intelligence (AI) capabilities to its product line within three years, aiming to lessen the time and cost pressures on investors.
Enthusiasm for investing in China has never been higher than in 2017 and fears of a slowdown have largely receded from public discourse. But have investors taken their eye off the region just when it matters most?
Man Investment Management (Shanghai), Man Group’s wholly foreign-owned enterprise (WFOE), registered the first hedge fund via the private fund management (PFM) licence route.
Hong Kong’s equity market is likely to see a slowdown in mainland investment next year due to some new regulations and the proposed US tax reform could hit the technology sector, said Victoria Mio, co-head of Asia-Pacific equities and chief investment officer for China at Robeco.
ICBC AM has partnered with CSOP Asset Management to advise on ETF development and distribution.
Positioning for 2018, Value Partners has taken an overweight in bonds of under-researched Chinese small banks with a credit rating of B and below.
The firm intends to launch its first onshore fund and apply for a qualified domestic limited partnership (QDLP) licence, according to Mark Li, Shanghai-based general manager and head of China sales at Fullerton Investment Management (Shanghai).
Environmental and clean-technology companies in China are likely to be good bets as Chinese authorities increase spending to address alarming environmental problems, according to East Capital.
Part of the Mark Allen Group.