In the first of a series based on our annual ranking of fund houses by Asia-Pacific assets, we unveil firms 76 to 100. Chinese companies dominate and are growing fast.
China Asset Management is among five fund firms banned from launching products for up to six months as the securities regulator adopts a zero-tolerance approach to illegal activity.
HFT Investment Management has launched the first RQFII fixed income fund to invest in RMB bonds issued both on the mainland and offshore. More are forecast to follow.
Beijing’s need to keep a lid on inflation will see more foreign firms raising funds in the CNH market in order to invest directly into China.
HFT terminates an advisory agreement with BNP Paribas Investment Partners for its China Overseas Equity QDII fund, saying it now has the research and investment capabilities to operate without an adviser.
HFT Investment Management joins a growing list of Chinese firms by opening a Hong Kong subsidiary to drive international growth.