Chinas onshore HNWIs look offshore
Mainland high net worth clients are looking for A-share funds and offshore RMB-denominated products while showing increased interest in US exposure, according to Wing Lung Bank.
China
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China market a bubble waiting to burst
The Chinese A-share market is “a bubble waiting to burst”, according to Schroders head of Asian equities in Singapore.
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Cyber man Fund manager profile
Growing up under Soviet rule in Kazakhstan and studying economic cybernetics has placed Yerlan Syzdykov in the unusual position of understanding how certain cultures and systems namely China operate.
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EM growth set to comfortably exceed DM
Dr Mark Mobius has tipped emerging markets to undergo strong growth in 2015 that will be “comfortably in excess” of that exhibited by developed markets.
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Rowan Dartington targets international
Rowan Dartington has tapped into the international wealth management market with the rebrand and full launch of its international wealth platform.
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Baring Asset Management awarded RQFII licence
Baring Asset Management has been awarded a RQFII licence, allowing it direct access to Chinese mainland Renminbi-denominated equity and fixed income securities.
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Shanghai connect worth getting excited about
Designed to provide foreign investors with access to over 550 Shanghai-listed A shares, there are lots of reasons to be excited about the ‘through train’
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HSBC China multi asset fund
HSBC Global Asset Management is launching a multi-asset China-focused fund that will partly invest through the Hong Kong-Shanghai stock connect.
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Investec granted RQFII licence plans China funds
Investec Asset Management has been awarded an RQFII licence to invest directly into Chinas mainland markets, and will launch two new funds focusing specifically on the region.
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SLI to close economically unviable China Fund
Standard Life Investments (SLI) is to close the Ignis China Fund, claiming it is not economically viable to continue the product at its current size.
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World leading Asia to surpass North Americas
Asia-Pacific is set to become the region with the largest number of high net worth individuals (HNWIs) and highest wealth growth by the end of 2015, after recording world leading growth in 2013.
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IFIA signs pact with Chinese association
An agreement has been signed by the Irish Funds Industry Association (IFIA) to encourage closer cooperation with its Chinese counterpart, the Asset Management Association of China (AMAC).