The mainland securities regulator has given approval for asset managers to manufacture funds of funds, and some firms have been working towards this in recent months.
Tag : penghua
China’s structured funds have been suffering from significant losses due to their leverage and volatile A-share prices. Market observers say tighter listing rules and more investor education is urgently needed.
Island authorities have moved to double the investment quota for mainland investors, but Chinese fund houses are sceptical about the market’s appeal.
Equity funds contribute the most to the improved earnings despite their net outflows and a lacklustre stock market, but QDII fund profits turn negative.
Passive products are witnessing a good run in China this year, as investor appetite for actively managed funds remains lukewarm.