JP Morgan Asset Management plans to launch more funds for China distribution through the Mutual Recognition of Funds scheme, even though overall MRF sales have been slowing, said Henry Tong, head of China retail business.
Tag: China
E Fund and APG launch “academy”
China’s E Fund and Dutch pension fund provider APG are co-launching an academy to provide them with research addressing investment issues in China and the Netherlands.
Foreign investor concerns brought to China regulators
Recommendations on issues such as repatriating profits and hedging tools were handed to China by the Asia Securities Industry & Financial Markets Association (ASIFMA).
In case you missed it – Company News
A new Asia CEO at JP Morgan Private Bank; a senior sales appointment and fund launch from BNPP IP; Northern Trust’s new Seoul branch; the expected launch of the Hong Kong-China Bond Connect this year; higher interest rates in Hong Kong; more fintech cooperation in Asia and a deceleration in investment momentum in Asia-Pacific’s private equity market…
Is a WFOE better than having a JV in China?
Foreign asset managers with China plans may find that establishing a wholly foreign-owned enterprise (WFOE) is better than having a joint venture.
Manulife granted a full-platform WFOE
Manulife is able to launch products in China ranging from traditional securities to private assets.
In case you missed it – FSA News Update
A report from Legg Mason saying US GDP could hit a 20-year high; a European distribution platform launches in Singapore; more fintech cooperation in Asia; appointments at Natixis and notable items during China’s NPC meeting…
US robo advisor eyes Asia
Marketriders, a US robo advisor recently acquired by broker Sogotrade, has its sights on the China market, though strict capital controls are an obstacle, said Sogotrade CEO Jonathan Yao.
The hunt for Chinese dividends
Sherwood Zhang, co-manager of the Matthews China Dividend Fund, finds wide variance among sectors that pay dividends and those that don’t.
Hang Seng’s mainland JV debuts product
Hang Seng Bank’s Shenzhen-based mutual fund joint venture has launched an equity-focused fund, said Rosita Lee, the lender’s head of investment products and advisory business.
