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.
Now in the hands of a state-controlled fund, the once-highly acquisitive Chinese insurer is expected to return to insurance basics before eventually being returned to the private sector.
Some Rmb1.3 trillion now held in employer pension schemes could be affected by the shift signalled in state media. Other reforms could give onshore fund managers a rural boost.
Foreign asset managers are busy debuting onshore China products through their local units but hedge funds are in no rush to do so, thanks to high hurdles and low demand, say experts.
Appetite is growing for investments in the mainland shared office sector following WeWork's bold expansion in the country, amid rising demand for Asian real estate assets.
The biggest Chinese insurer by assets sees Hong Kong's new listing regime as beneficial as the firm looks to build its private equity exposure to the healthcare sector.
The asset management arm of Chinese insurer Ping An has been hiring heavy investment hitters in Hong Kong to strengthen its international capabilities, and is now adding sales staff.
We asked four market specialists on what further market access measures they expect from China as the MSCI gears up to include A-shares in its EM indices on June 1.
The firm may follow Allianz and FWD in setting up a new insurance unit after Beijing's recent relaxation of ownership rules, as asset and wealth managers seek majority local ownership.
Despite the introduction of Bond Connect last year, Beijing still has hurdles to clear if it is to attract more meaningful international flows to its debt market.
The Chinese and Indian equity markets could be heading in opposite directions as the former becomes more accessible to foreign investors and the latter less so.
The Asian chief executive of UK-based insurer Prudential is pushing to expand in China, both on the asset management and insurance sides of the business.
As index provider MSCI announces the first Chinese stocks to be included in its emerging-market benchmarks, fund executives discuss which investors are driving A-share allocations.
Beijing's new tax-deferral scheme for certain pension products will boost revenues for life insurers but also create longevity and reinvestment risks and affect allocations, say experts.