The US fund house is searching for a new Greater China chief executive after Desmond Ng resigned. He is poised to join a competitor.
The bank is set to list four exchange-traded funds tracking various MSCI equity indices, one for each of China, Taiwan, Hong Kong and a fund of the three ETF funds.
The firm is seeking up to $100 million from individual and institutional investors for its Greater China regional fund, which will mainly invest in retail real estate in China.
With China inflation anticipated to peak between May and July, the firm sees this as a good time to build positions and buy property stocks in Greater China.
VIDEO: Fidelity’s Catherine Yeung and Stephen Ma explain why next year should favour stock pickers in Asia-Pacific and Greater China strategies.
The internationalisation of the renminbi in Hong Kong will allow global investors to access the Greater China asset class, says AsianInvestor editor Jame DiBiasio.