The firm also has a QDLP qualification on top of its PFM business.
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The firm also has a QDLP qualification on top of its PFM business.
Meanwhile, newly launched equity funds have continued to attract assets from investors.
Foreign fund houses are increasingly launching onshore funds as China continues to open its financial services industry.
China-domiciled funds are not much different from counterparts in the rest of the world in terms of active vs passive performance, according to Morningstar.
The firm expects to launch a second fund of funds onshore in China.
The firm has joined the growing list of competitors who have already launched domestic funds.
The product adds to the firm’s other onshore products launched via its private fund management licence.
Part of the Mark Allen Group.