Several so-called private equity funds in China really conduct risky lending or investing and pose potentially serious investment risks for asset owners, say market experts.
Online sales of funds in China are disrupting the dominance of commercial bank distribution but the latest tie-up between two giant firms has limited scope, say some analysts.
Many foreign fund managers are pinning their China distribution strategies on the WFOE scheme. But the programme's limitations pose familiar problems for scaling the business.
Chinese regulators are putting up unnecessary barriers to fund managers wanting to take advantage of mutual recognition of funds between Hong Kong and the mainland, believe industry experts.
CSRC issued its first set of rules governing the performance fees that mutual funds can charge. The worry for hedge funds is that they could be extended to them.
Rest Super names two new investment heads; BlackRock names co-heads of sustainable investment for Apac; AIA appoints Cambodia chief; Barings names head of institutional sales for Greater China and SE Asia; MUFG hires Asia head of ESG finance; and more.
Swiss Re hires head of China asset management business; BlackRock deregisters its China WFOE; DWS names head of Apac insurance coverage; Amundi appoints first Asia sustainability officer; Manulife IM appoints senior portfolio manager for asset allocation; Morgan Stanley IM hires portfolio manager for A-shares; and more.
The two investors' new JV underlines Temasek's commitment to carbon neutrality, but other sovereign wealth funds are unlikely to follow with their own venture capital investments.
Prudential Asia’s asset management arm says the senior multi-asset portfolio manager for some of its big participating funds is going on sabbatical after 20 years with the firm.
The Canadian and Korean asset management operations of two life insurers have agreed to jointly take advantage of rising institutional investor demand for Asian alternative assets.
The Hong Kong-listed shares of mainland companies should receive more interest as Chinese pensions and global investors seek to benefit from relatively low valuations.
The Canadian pension fund is transferring a senior portfolio manager from Singapore with a view to expanding and internationalising its capital markets team further.