M&G has allocated a portion of its exposure to China equities management to a local stock picker.

M&G has allocated a portion of its exposure to China equities management to a local stock picker.
Separately, China Life Franklin Asset Management is expected to roll out its Short Term Bond Fund in Hong Kong.
The firm’s lower AUM was driven by outflows from its fixed income products in the first half.
The firm revealed several role changes indicating a streamlining of operations.
Despite headwinds in China’s tech industry, the firm has a tilt toward internet, healthcare, 5G and electronic component makers.
Big change at Fidelity; GAM loses, Matthews Asia too; Press conference live; Naming of teams; Merger thoughts; Handbags at dawn; Counting your debts and so much more.
The fund, which has an 18-year track record, is distributed through the Mutual Recognition of Funds scheme.
In total, foreign players have launched nearly 80 onshore funds in the mainland via the PFM route.
UBS Asset Management continues to introduce onshore funds against the background of strong market volatility and imminent global recession.
The Hong Kong-based asset manager has added one more product for sale in China via the private fund management (PFM) channel.
Part of Mark Allen.