More than Rmb1 trillion of special-purpose bonds could hit the onshore market by October-end and offer a premium over the Chinese risk-free rate. But buyers beware.
A missed payment on a Rmb500 million local government debt spooks investors. Now they're waiting anxiously to see what happens next.
MSCI’s A-share inclusion will institutionalise and internationalise China's local share market. Global asset owners must work out how best to invest. Some are doing so internally.
Domestic asset managers have high hopes as the third pillar of China’s pension system is opened up to them. Educational challenges lie ahead though.
Insurance companies in China are struggling to find long-term assets to match their liabilities. A senior official at a self-regulatory body has proposed some potential solutions.
Japan plans a sovereign wealth fund; Malaysia’s head of EPF shifts to Khazanah; Korea’s NPA signs stewardship code; Korea Post Insurance offers multi-asset tactical mandate; Philippines and Vietnam face need for more pension payments, and more.
Backed by its parent insurer, Ping An AM will continue investing into infrastructure debt. But analyst says the supply of such non-standard debt is becoming more limited.
China's state retirement fund manager is to receive more assets from Shanghai and Sichuan province. Detailed rules about a new central adjustment fund will also be released soon.
China is facing growing trade and economic headwinds. We asked four market observers whether, given these heightened risks, it is time to reduce exposure to Chinese investments.
Better corporate governance standards, as well as a kinder global backdrop, needed too for investors to put more money to work in China. Axa Affin Life's CEO explains why.
The Chinese authorities are making efforts to reform corporate governance standards but the state pension fund could help by setting an example, argues one industry advocacy group.
MSCI’s inclusion of China A large cap shares in its emerging markets (EM) index presents exciting new investment opportunities. Gary O’Brien, head of custody product at BNP Paribas Securities Services, Asia Pacific, breaks down how they can be captured.
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.
Domestic asset managers are increasingly sophisticated and could become global players within 20 years, said the Asia chief executive of JP Morgan Asset Management.
Industry participants welcome planned guidelines from the Asset Management Association of China that aim to drive adoption of environment, social and governance principles.
New asset allocation rules and staffing requirements have been set out for life insurers engaging in the annuities business, as well as fund houses seeking to manage such funds.
China’s $941 billion sovereign wealth fund will likely continue to ramp up its alternative investments even as the investment climate grows more difficult in some respects.
The US’s tariffs on Chinese goods could eventually cause Beijing to reverse its liberalisation policies for US insurers and fund houses.
The MSCI inclusion of A shares is, at a minimum, prompting asset owners to rethink their investments in Chinese equities. Italian insurer Generali is taking a prudent approach.
Industry veterans formerly at AllianceBernstein and Axa Investment Managers have taken up the respective roles, as the mainland talent merry-go-round continues.