The aggressively expanding firm has a strategy to build distribution relationships in the mainland, said Warren Tonkinson, managing director, of Old Mutual Global Investors.
Tag: China
Assessing a Tencent investment
The Chinese internet firm is widely held in funds available for sale in Asia, but does it really have greater growth potential than Facebook? James Syme, portfolio manager at JO Hambro, argues that it does.
The EMpire strikes back?
The outlook for emerging markets is becoming more stable as falls in currency, oil and other commodity prices – added to a soft landing for China – continue to ease, argues Tai Hui, chief market strategist Asia at JP Morgan Asset Management.
More China insurers move into mutual funds
Two more mainland insurers have set up a mutual fund business in July.
China’s SAFE guarded with investment quota
The Chinese regulator only granted one new firm RQFII quota in July, while reductions in QFII quota continued.
China may further tighten rules on WM business
China aims to strengthen regulations on the wealth management business of banks, according to local reports.
Wells Fargo: China concerns `overstated’
The market has priced in the possibility that China will have an economic hard landing, but Wells Fargo Asset Management senior portfolio manager Anthony Cragg said the worries are overstated and China is undervalued.
Robo-advisories to shake up China’s mutual fund business
Online advisory is an emerging trend in China as the current development of mutual funds hits a bottleneck, according to Tianhong Asset Management, China’s largest fund house by assets.
Report: China probes CITIC Bank AM head
CITIC Bank confirmed to mainland media that Ma Xutian, its head of asset management business and chief investment officer, is under investigation.
MRF northbound sales reach $415m in 1H
Hong Kong mutual funds selling in the mainland under the Mutual Recognition of Funds scheme reached RMB 2.77bn ($415m) in net sales in the first half, 45 times higher than the opposite flows.
