Abu Dhabi Global Market signs closer ties with China
Abu Dhabi’s Financial Services Regulatory Authority (FRSA) has signed two agreements with China to improve collaboration and cooperation.
Abu Dhabi’s Financial Services Regulatory Authority (FRSA) has signed two agreements with China to improve collaboration and cooperation.
Asian bonds might offer better returns in the short run, but it is equities investors should look at in the long term, said JP Morgan Asset Management Asia chief market strategist Tai Hui.
The fast development of China’s financial industry and the firm’s increasing interest in A-shares calls for an on-the-ground presence that will initially be research-focused, said Frank Wheeler, global head of distribution.
As Brexit fatigue tightens its grip on us all, particularly those who have been writing about it for a living, and the US gets going with its election, things have been suspiciously quiet on the China front.
Mid-tier Chinese banks plan to expand wealth management activities in Hong Kong to serve mainland high net worth individuals (HNWIs), industry players said.
This year has marked a turnaround in the fortunes of emerging markets, driven by an increase in global risk appetite, a hike in commodity prices and an easing of concerns over the slowdown in the Chinese economy.
Retail investors in China may be allowed to invest in mutual fund-of-funds later this year after the release of a consultation paper from the China Securities Regulatory Commission (CSRC).
Chinese regulators have approved Hang Seng Bank’s application to take a majority stake in a new asset manager, making the newly-formed company the first onshore fund house with a majority stake held by a non-mainland entity.
For the third time since 2013, the US index provider rejected the inclusion of China A-shares in its flagship emerging market indices, highlighting key unresolved issues.
China’s miscommunication to the markets and lack of transparency in carrying out financial reforms are investment risks for the region, according to Monica Defend, Pioneer Investments head of global asset allocation research.
The vote on Brexit is now less than two weeks away and markets are increasingly feeling the ill effects of the uncertainty.
China is the fastest-growing mutual fund market globally, with mutual-fund assets that nearly quadrupled over the last four years, the ratings firm said.