Chinese bond, equity AUM forecast to hit $2.8trn by 2020
That is over three times the current $817 billion, and this growth will be driven largely by individual investors, as it will be for the funds industry globally, argues consultancy Casey Quirk.
Asset managers worldwide must adapt to a new reality: individual rather than institutions will drive growth of their businesses for the next five years, and Chinese investors will account for an “outsized” portion of that expansion, according to a new report* from funds industry consultancy Casey Quirk.
The US firm forecasts that assets under management in professionally managed Chinese equities and bonds will rise from $817 billion to $2.82 trillion by the end of 2019, with mainl…
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