It is the third foreign fund management company to do so.
Despite the sudden surge in approvals for foreign-owned mutual funds, global asset managers struggle to gain much traction in China.
Efund’s drink bet, Federated Hermes’ straight-talking wisdom, getting active in Japan, hedge fund launches in 2022, Fidelity is hiring, scary words from central bankers, Jack Bogle and much more.
‘The traditional 60/40 portfolio was dead and buried last year but the outlook now looks far better – it has been resuscitated.’
Fidelity becomes the third global asset manager to get the nod to set up a mutual fund business in China.
BlackRock’s cracking playbook; Manulife takes control in China, Fidelity’s big ETF conversion, peak ETF naming lunacy, inflation boxing bout, old jokes for new times; four-day week and much more.
Lei Zhu was a founding member of Credit Suisse’s Asian fixed income business.
FSA talked to some industry experts on how investors should respond to the historically strong greenback.
FSA compares two emerging market equity products: the Fidelity Emerging Markets Fund and the JP Morgan Emerging Markets Equity Fund.
Sabrina Gan is a 20-year veteran and has also worked at BlackRock and Schroders.