Potentially aggressive US trade policy and China’s expanding credit are top concerns, according to Richard Jerram, the bank’s chief economist.
Tag: China
Fidelity’s WFOE obtains first private fund license in China
The firm will be allowed to create onshore investment products for eligible Chinese institutional and high-net-worth investors, and UBS AM is expected to follow.
Three firms granted new RQFII, QFII quotas in December
UBS SDIC, Eugene Investment and Allianz are among the firms that were granted investment quotas in December.
Mainland fund investors keen on robo-advisors and digital channels
Almost three-quarters of mainland investors said they are likely to try using a robo-advisor, compared to one-third for their Hong Kong peers, according to a Hong Kong Investment Funds Association survey.
Legg Mason to deepen ties with Chinese shareholder
Shanda Group, Legg Mason’s largest shareholder, plans to boost its stake in the US-listed asset manager by 5% and appoint two board members as part of a long-term strategic investment agreement.
Onshore WFOE approvals speed up
While more investment management wholly foreign-owned enterprise licenses have been approved by China recently, some fund managers are way ahead.
Mainland robo-advisor sees modest takeup
The biggest challenge for robo-advisors in China is to convince investors to take a long-term view on passive investing, said Frank Wang, managing director at Creditease Wealth Management, which launched a robo advisor in May.
Amundi EM overweight is China equities
China risk scenarios have low probability in 2017 and valuations are among the most attractive in the region, according to Anthony Ho, Amundi Asset Management’s deputy CEO for North Asia and chief investment officer for Asia ex-Japan equities.
UBS AM set to launch onshore products in 2017
UBS Asset Management expects to launch China equity funds for onshore institutional and HNW clients in the second half next year through its wholly foreign-owned enterprise (WFOE), said Aries Tung, head of strategy and business development for China.
Eight firms granted new RQFII, QFII quotas in November
Aberdeen, Eastpring and Thailand’s Kasikorn Asset Management are among the firms granted investment quotas in November.
