A Beijing-based firm has joined other Chinese wealth managers which have expanded offshore.
Tag: Hong Kong
Report: HK’s anxious wealth managers
Economic headwinds, technology shortfalls, regulatory burdens, and talent gaps plague the territory’s wealth management industry, according to a recent survey.
Northbound MRF inflows reach record high
But the momentum of monthly net sales for Hong Kong-domiciled products sold in the mainland (northbound funds) slowed down in August.
GSAM keeps onshore fund structure sidelined
But in Hong Kong, the firm is building its retail business and has signed Standard Chartered Bank as distribution partner.
Why no one has launched an ESG ETF in Hong Kong
Separately, leveraged and inverse (L&I) products and a number of China-focused thematic ETFs have grown popular in Hong Kong.
Pictet AM makes a move on China
The firm aims to participate in the Hong Kong-China Mutual Recognition of Funds (MRF) scheme.
Northbound MRF inflows at nearly $1bn
Onshore money seeks offshore exposure and Broadridge says some popular northbound funds have an absolute return flavour.
China AMC to debut 2x inverse product
Separately, one of CSOP Asset Management’s recently launched (-2x) inverse products has become the second largest L&I ETF in Hong Kong.
SFC removes spate of asset management licences
In August, the Hong Kong regulator removed nine licences and year-to-date, a total of 23 Type 9 licence holders have de-registered. But what are the reasons behind it?
How far can new themes go?
Sector or thematic products accounted for nearly a quarter of the net redemptions in equity funds sold in Hong Kong during the first half this year.
