"This is the most complete report on investment funds and money management in China today. For anyone interested in learning about the past and future of China's investment management field, this is the best source. Highly recommended."
Mark Mobius President, Franklin Templeton Investments
This timely book by Stuart Leckie and Tony Zhang is the most up to date and comprehensive review of the Chinese investment funds and money management industry.
With China's entry into the World Trade Organization now a reality, this book provides an insider's look at the current state of investment funds in China and the roadmap ahead for what some experts have claimed will become a US$1 trillion market by the end of this decade.
New market entrants will find this book a definitive and essential source of information. For seasoned veterans operating in China for many years, the book captures the latest developments, statistics and market information in one easy, insightful text.
"This book contains a useful compendium of the main strands of development of investing in the Chinese domestic capital markets. I congratulate Mr. Leckie, plus Mr. Zhang, for yet another useful tome for the practitioner and the general reader interested in the developing markets in China."
Anthony Neoh Chief Advisor, China Securities Regulatory Commission
Investment Funds in China
Introduction Economic reforms in China Emergence of China's stock markets Closed-end funds Open-ended funds Regulation Indices Insurance funds Pension funds Non-regulated fund management Development of China's capital markets Fund management in Hong Kong Fund management in Taiwan WTO and future developments Conclusions
Relevant laws and regulations Laws and regulations on investment funds Pensions documents WTO agreement Relevant mainland organizations Chinese securities companies Chinese fund management companies and their funds Fund management cooperation agreements Chinese life insurance companies Foreign life insurance companies licensed to operate in China Foreign insurance organizations awaiting licenses Directory of professional firms
China Life names Yuan Changqing as acting chairman; Future Super hires operations chief; China Life Franklin Asset Management CIO and deputy CEO leave; Willis Towers Watson has hired Kameswara Natakusumah as head of Indonesia; Prudential hires ex-Apac CEO for Allianz George David Sartorel as a non-executive director; Manulife IM hires into multi-asset solutions team in Asia; PineBridge Investments hires from BNY Mellon IM; and more.
Korea Teachers' Credit Union appoints new CIO; AIA Singapore hired ESG head from UOB; Ping An confirms appointment of Benjamin Deng as CIO; Australian Unity hires first head of responsible investment; AMP has new head of portfolio management for multi-assets, Robeco hires Asia fixed income head; Haitong makes three new appointments for institutional clients business; and more.
An impending series of interest rate increases and the deterioration in relations between Russia and the West over Ukraine have worried investors in recent weeks, hence the volatility in US equities in particular.