China private funds banned from loan investments

To support growth as default risks rise and economic uncertainties intensify, China will now allow mutual funds to invest in non-standard debt, three months after it said they couldn't.

We are launching the pitch process for our latest Asset Management Awards. We offer details on both asset services, asset class, fund house and marquee awards – everything you need to know.

The country's asset management market is predicted to grow to $17 trillion by 2030, with foreign firms expected to hold a 6% share, according to Casey Quirk.

Banks in Southeast Asia are selling their asset management arms as risk management costs rise and clients seek more adventurous products, drawing interest from Western insurers.