The move to allow 100% foreign ownership of unit-trust companies to stimulate the domestic fund industry has stirred debate on the merits of the market both at home and abroad.
As nations lock horns in a geopolitical tug-of-war over global supply chains, the effects of RMB liberalisation and hasty tapering in the US could prove destabilising, warns Parag Khanna.
AsianInvestor has identified five key factors that we believe asset managers need to get right if they are to be first past the winning post. Here we reveal our number 2.
They see it as a natural progression, although timing remains uncertain, after China's central bank moves to curb speculation by proposing the next step to full convertibility.