We asked two investment specialists and one custody services expert what the outlook for the upcoming Shanghai-London scheme is, given the uncertainty surrounding Brexit.
High prices, strict capital controls, renminbi weakening and over-supply concerns are all cited as factors hurting offshore flows into mainland commercial real estate.
Despite Britain’s vote to leave the EU, Select Property Group is doing a brisk trade selling flats in Manchester to Asian clients. It has just opened in Shanghai and is eyeing Hong Kong too.
iShares will launch its new MSCI-linked A-share exchange-traded fund at a time of negative sentiment on Chinese equities and into an already crowded space.
Shenzhen is believed to have handed out licences – but only $1 billion in extra quota – to another 30 fund houses under its QDIE cross-border alternative investment scheme.
UBS Asset Management plans to launch three or four products under the Shanghai QDLP scheme, amid rising interest from Chinese investors in foreign assets.