The fast development of China’s financial industry and the firm’s increasing interest in A-shares calls for an on-the-ground presence that will initially be research-focused, said Frank Wheeler, global head of distribution.
Tag: China
Asia-Pac fund sales beat developed markets in 2015
In 2015, net sales of regulated funds in Asia-Pacific for the first time outpaced sales in Europe and the Americas, according to data from the Investment Company Institute.
Aberdeen set to attract onshore China capital
Aberdeen AM is set to become the first wholly foreign owned enterprise (WFOE) to receive investments from onshore institutional and high net worth investors.
China onshore funds take 1H hit
Assets in China’s onshore mutual funds fell 5.2% in the first half after investors fled domestic equities.
China grants three new firms $930m in RQFII quota
In total, RMB 6.2bn ($930m) of RQFII quota was granted for the first time to Pimco Asia, Axa IM and GF Group’s UK subsidiary in June.
H1: Big surprises in best and worst sectors
In a swift reversal from first half last year, China and UK equities are bottom performers and gold and LatAm have sprung to the top.
StanChart: Rising interest in China’s bond market
Tier one global asset managers are applying to access the China Interbank Bond Market, said Margaret Harwood-Jones, Standard Chartered head of investors and intermediaries based in Singapore.
China’s RMB under devaluation pressure
The Chinese currency is under depreciation pressure, as the country needs to lower its foreign debt levels, according to Mo Ji, the firm’s chief economist for Asia ex-Japan at Amundi Asset Management.
Is China a three-time loser?
Earlier this month, the MSCI rejected the inclusion of A-shares on its key indices for the third time. Luke Ng, senior VP of research at FE, outlines the concerns.
Chinese tourism is taking off
In a sponsored viewpoint, Mansfield Mok and Claudia Ching argue that although China’s economy may be slowing, this has not stopped consumers spending more to improve their lifestyles – travel and tourism being the biggest winners.
