How China LGFV debts will fare amid the virus outbreak

Asset Owners Fund Managers

Jolie Ho

Feb 25, 2020

Investor concerns are rising about the bonds issued by local government funding platforms due to the coronavirus epidemic. But rating analysts believe defaults are unlikely.

China’s local government financing vehicles LGFVs will likely receive less funding in the coming months due to the coronavirus outbreak, but default risks of the platforms' bonds...

0 0 0 0

Malaysia's PNB appoints new CEO; Hong Kong's SFC moves office; Ping An Insurance adds third co-CEO; Principal Global Investors adds new head of North Asia institutional sales; JP Morgan AM names retail distribution head for Hong Kong; Sanne appoints business development heads in Asia; SC Capital hires head of investor relations.

Fund Managers

Jun 26, 2020

Joe Marsh

The Dutch firm has appointed its first insurance coverage specialist in Asia as well as a new institutionally focused Korea sales head and client portfolio manager for quant strategies.

Asset Owners

Jun 22, 2020

Joe Marsh

Asset owners outside Asia often hire Western firms to manage their Chinese equity portfolios, despite mainland fund houses’ lower charges. But there are pros and cons to weigh up.

Partner Content

Jun 23, 2020

Schroders

With sustainability dominating conversations on a daily basis, much confusion seems to surround stewardship, despite the strong correlation between the two concepts. Schroders debunks five myths.

Just Published

Asset Owners

1 day ago

Richard Newell

While the fund suffered negative growth over the 11 months of the most recent financial year, it will keep using its passive reference portfolio to benchmark its active investments.

Awards

3 days ago

BNP Paribas Asset Management

The French house has long taken sustainability seriously, but this effectively means ESG is now its default option for its key investment solutions underlining the depth of its commitment to implementing ESG on behalf of all its clients.

Awards

3 days ago

Morgan Stanley Investment Management

Morgan Stanley Investment Management’s Applied US Core Equity Strategy can point to multi-year returns and a robust Sharpe ratio for its success in our smart beta category.

Asset Owners

3 days ago

Jaycee Man

Life insurance firms in the country look set to allocate more assets into local fixed-income rather than venture overseas, even as more foreign players buy local players.

Follow Us

Most Read

HSBC Global AM gets new head of China and HK equities

Weekly roundup of people news, June 26

Korea’s NPS, Allianz kick-start $2.3b Asia property fund

Taiwan’s BLF plans new infra, multi-asset mandates

FWD adds deputy CIO as assets soar to $50 billion

BLF to invite bids for $2b global ESG bond mandate

Weekly roundup of people news, July 3

Robeco hires heads for Asia insurance and Korea sales

How investors can save fees on China A-share mandates

Busting the five myths of stewardship

Related Articles

LGFV bonds flag default fears in China

China insurers to lead 50%+ growth in Asia by 2030

Investors finding China property tough to unlock

HSBC Global AM gets new head of China and HK equities

Just Published

NZ Super to keep 80/20 equity, bond split after review

BNP Paribas Asset Management’s role as “future maker” through ESG investing

Morgan Stanley Investment Management’s strategy for a “smarter Smart Beta”

Why Indonesian insurers would rather invest onshore