Chinese insurance giant Anbang is to get a capital injection worth RMB60.8bn (£6.9bn, $9.7bn, €7.9bn), a month after control of the group was seized by the country’s insurance regulator and as its ex-chairman faces life behind bars.
Italy’s Azimut has been granted approval from the Asset Management Association of China (AMAC) to register as a private fund management firm in China, giving it six months to launch a product onshore.
China’s push to clean up its environmental act has made it an attractive investment destination, Mirabaud Asset Management’s head of global emerging markets, Daniel Tubbs, tells International Adviser.
The real estate asset management arm of Hong Kong-listed China Everbright has acquired Texas-based, real estate investment specialist Arrow.
The Chinese insurance regulator stepped in and took control of Anbang Insurance Group on Friday, a move that has put the country’s other insurers on notice.
Global asset managers are expected to hold 25% of China’s mutual fund industry assets within a decade, due to regulatory changes and the competitiveness of the foreign firms, according to Shanghai-based consultancy firm Z-Ben Advisors.
A Chinese conglomerate with ambitions in the west has acquired a London-based asset manager and its Guernsey-based subsidiary.
Friday 16 February marks the Chinese New Year, with 2018 welcoming the Year of the Dog. However, while the dog is associated with honesty, faithfulness, and a strong sense of responsibility in the Chinese zodiac, investors will be hoping for a repeat of 2017 – the Year of the Rooster – which saw the MSCI…
Hong Kong-based Value Partners has joined Fidelity, UBS Asset Management and Man Group with the launch of an onshore China fund, as momentum for foreign-managed products targeting China’s professional investors continues.
The number of Chinese candidates taking the Chartered Financial Analyst (CFA) Level I exam jumped by 38% in December to nearly 20,000, outstripping the US and India combined, the CFA Institute said.
On the one-year anniversary of president Donald Trump’s inauguration, his administration is more divided than ever with growing murmurs of a government shutdown. One thing the president seems to have unwavering support on is his tax bill, but with treasury yields rising should investors be more concerned?
Investors across China are continuing to support the founder of an alleged Ponzi scheme, even after he turned himself into police, despite standing to lose CNY70bn (£7.9bn, $10.8bn, €8.9bn).
