Having acquired joint-venture investment firm Ashmore-CCSC, China's Taiping faces a tough task building scale in the fiercely competitive mainland mutual fund business.
The “most hated asset class of the last few years” will be the best performer in 2016, argues Jan Dehn, head of research at UK fund house Ashmore.
Asset managers weigh the impact of China being included in key global debt indices, which they expect to start seeing this year, after the mainland bond market opened further last month.
Emerging market gurus such as Jerome Booth and Mark Mobius keep the faith, but most investors aren’t following them. So which is right?
Farallon and PineBridge are in the process of jointly acquiring AAA Asset Management, subject to regulatory approval, according to sources close to the deal.
Despite suggestions of tepid global demand, the UK firm is bolstering its China dedicated strategies with three actively managed debt, equity and multi-strategy RQFII products.