APS, Credit Suisse, Value Partners and Invesco have set up onshore entities in China in the past three months. But they face various hurdles in registering as private fund houses.
Meanwhile, flows from sovereign wealth funds are tipped to fall and global fixed income assets should rise in the coming year, finds the AsianInvestor and Clifford Chance survey.
Exchange-traded funds will be the most popular way of allocating to Asia this year, while China's appeal is waning, finds the annual survey by AsianInvestor and Clifford Chance.
Foreign asset managers under the QDLP scheme may be deterred from setting up private fund businesses in China because of constraints on cross-border investing and fundraising.
Investment industry participants flag concerns about short-term market moves and long-term business complications that would result if Britain votes to exit Europe this coming Thursday.
We invite readers to contribute their thinking to our annual Asset Management Survey, developed in partnership with Clifford Chance.