Schroders Capital is close to launching its first onshore private equity offering in China, as it looks to capitalise on the growing renminbi market.
Deborah Ho, CEO of DBS Asset Management, outlines how the Singaporean firm and Nikko Asset Management will work together once their deal is approved.
The Chinese asset manager launches a fixed-income renminbi fund that is set to be the first of many such vehicles.
The firm plans to fill its new $200 million QFII quota with a $140 million China A-share fund and a $60 million renminbi bond fund by the end of August.
The Carlyle group announces its second renminbi fund, in partnership with Fosun, with an initial capital of $100 million.
CLSA and Shanghai Guosheng Group agree to create a joint venture to launch a renminbi-denominated investment fund in China focusing on Shanghai.