The fund will invest in high yield US and European bonds.
Tag: Shanghai
Shanghai eyes global asset management role
Government officials in Shanghai are ramping up the city’s ambitions to challenge Hong Kong as a funds hub.
Vanguard prepares for China retail fund licence
The firm has hired Da Cheng Fund Management’s CEO to head its retail fund business.
Vanguard leaves Hong Kong
The US asset manager will close its Hong Kong ETF business and move its regional HQ to Shanghai.
Vanguard ties up with Ant Financial
The world’s second largest asset manager has set up a financial services joint venture with Alibaba affiliate Ant Financial, according to public records.
Date set for Shanghai-London Stock Connect
Expected to launch next week, the cross-border link will allow investors to buy stocks indirectly through depositary receipts.
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Matthews Asia expands to Shanghai and Singapore
In addition to the new offices, the firm poached an exec from BNY Mellon Investment Management for a newly-created Hong Kong-based role.
Stock Connect on social media for China investors
The app provides stock prices along with real-time trading turnover data, quota balances, index tracking and corporate disclosures made to the exchange. It will also cover information about Shenzhen-Hong Kong Stock Connect when it launches. “This new account is part of our broader outreach efforts in mainland China, designed to help educate the market about […]
Financial and industrial sectors have been good China bets
The two sectors have been strong performers due to various reasons. In the financial sector, banks have benefitted from a loosening monetary policy, which is expected to continue this year. The People’s Bank of China has cut both interest rate and banks’ cash reserve requirement ratio three times each since November to combat an economic […]
China this week – June 2015
AMAC cautions on Shenzhen market The Asset Management Association of China reiterated warnings to asset managers about the ChiNext, a NASDAQ-type board of the Shenzhen Stock Exchange. Valuations of companies on the Shenzhen exchange have soared as investors expect the Shenzhen-Hong Kong stock connect to launch this year. The organisation said asset managers should encourage […]
