Top foreign fund houses in China unveiled
International fund firms have been ranked by the strength of their mainland business, in the first such report from Z-Ben Advisors. Outbound activity is seen as the highest-risk category.
US-based JP Morgan Asset Management has been named as the top foreign fund house in China in a ranking of global asset managers by the strength of their onshore, inbound and outbound business on the mainland (see table).
In the report, Shanghai-based Z-Ben Advisors said outbound business – which mainly comprises running mandates for mainland asset owners – was the highest-risk business because of very fierce competition. Hence the importance of fund houses diversifying their busin…
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