Only a handful of foreign managers have launched multiple products in China’s private fund market.
Tag: PFM
Will China’s new WMP units compete with PFMs?
The new wealth management subsidiaries that banks in China are now allowed to set up could rival fund managers to some extent, according to Cerulli Associates.
Mirae Asset adopts ‘dual-track’ China strategy
On top of having a QDLP licence, the Korean firm has received a private fund management (PFM) licence from the Asset Management Association of China (Amac), according to the agency’s records.
More foreign AMs get onshore licences
Hong Kong-based Zeal Asset Management and New York-headquartered Two Sigma Investments have obtained IM WFOE licences.
Global firms ready onshore China funds
Eastspring, JP Morgan and Morgan Stanley face a six-month deadline to roll out their debut onshore products.
Winton Capital launches ‘diversified’ fund in China
The British quant fund manager is the latest firm to register its private fund management (PFM) product onshore, according to the Asset Management Association of China (Amac) database.
JPM AM aims for onshore private fund license
The US firm is reportedly about to join other global asset managers in applying for a private fund management (PFM) license in China, according to local media.
Income Partners aims for onshore fund in 2019
Fixed income specialist Income Partners hopes to make a big splash in China’s onshore market, says Emil Nguy, chairman, chief executive officer and chief investment officer at the Hong Kong-based firm.
Foreign private funds in China total 17
Italy’s Azimut has registered its first private securities fund with the Asset Management Association of China (Amac) after obtaining approval in February.
China fund distribution remains rough
Global asset managers are setting up in China, but lack of an onshore track record and brand recognition are among the challenges they face with onshore distribution, according to Aberdeen Standard and Fullerton.
