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.
Mainland insurers' returns fell in the first half, even as their assets grew, with alternatives now accounting for a third of AUM. Foreign asset managers may need to adapt their approach accordingly.
Proposed capital rules for the $1.5 trillion fund subsidiaries segment are tougher than expected, as Beijing further turns the screw on the domestic investment and shadow-banking sectors.
Eastmoney, the owner of China’s biggest online fund sales platform, is awaiting regulatory approval to set up a mutual fund house, which would make it the first such company to do so.
As global fund managers look to set up wholly foreign-owned enterprises on the mainland, analysts have highlighted the key considerations, including operational costs and challenges.
China's wild market ride could benefit foreign managers using mutual recognition as domestic retail investors look for global allocation, according to a market-watcher.
Fund industry assets have grown by nearly two-thirds this year, propelled by the surging A-share market, new data reveals. And on current trends, mutual fund assets could hit Rmb10 trillion by the end of 2015.
China's securities regulator has warned mutual funds to reduce their exposure to Shenzhen's ChiNext stocks, according to media reports. The allegations have highlighted the board's explosive growth this year.
Under-provisioned fund firms could be hard hit after authorities unveiled a 10% capital gains tax on QFII and RQFII investments retrospectively, sparking fears it could deter interest in the schemes.
The mainland's largest life insurer has outsourced a series of global equity and multi-asset mandates to international managers, blazing a trail that industry peers are forecast to follow.
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.
Industry AUM grew 52% in 2014, its fastest pace for seven years. But the craze for money-market funds lies behind it, leaving analysts to ponder risk appetite and future growth drivers.