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).
Fidelity International’s investment management wholly foreign-owned enterprise (IM WFOE) has launched two funds while Blackrock and Schroders obtain private fund management (PFM) licences for their WFOEs.
High-end and high-earning international talent will be able to secure a 10-year visa within days after China’s State Administration of Foreign Experts Affairs expanded the scope of its visa system to lure overseas workers.
Enthusiasm for investing in China has never been higher than in 2017 and fears of a slowdown have largely receded from public discourse. But have investors taken their eye off the region just when it matters most?
Hong Kong’s equity market is likely to see a slowdown in mainland investment next year due to some new regulations and the proposed US tax reform could hit the technology sector, said Victoria Mio, co-head of Asia-Pacific equities and chief investment officer for China at Robeco.
China’s financial regulator has resumed the approval process for funds allocating more than 80% of assets to Hong Kong equities after it encountered some bait-and-switch cases prompting a shut down.
Offshore law firm Harneys has added a fourth Asian outpost after opening a fully operational office in Shanghai.
Global life premiums growth in 2018 and 2019 will continue to be carried by the strong performance of emerging markets, in particular China, as advanced markets continue to experience sluggish growth, according to a report by Credit Suisse.
China’s insurance regulator has banned three life insurance firms from applying for permission to sell new products for six months, after it found they had been offering “problematic” policies.
