China Alert – Quota returns

  • BEA, BlackRock, BlackRock CCB, China Life AMP, HSBC, QDII, Quota, SWS Mu
Working through the pension agenda SAFE allotted USD2.21bn of QDII quota at the end of June. Lower barriers to entry mean newer global firms can participate. Further quota grants should moderate towards original SAFE guidance. Please note that full versions of our China Alert are for clients only, if you would like more information about […]
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China Alert – Ready for pension flows

  • Commercial pensions, Mutual Funds, pension
Working through the pension agenda Commercial pensions progress continues. Mutual funds are now in the inclusion framework. For fund managers, investor attention is key. Please note that full versions of our China Alert are for clients only, if you would like more information about a subscription please contact us: Tel: (+86 21) 6075 – 8163 […]
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China Dashboard – June 2022

  • Banks, Brokerage, cross border, FMCs, Institutions, Markets, PFMs, Regulators, Trusts
This Dashboard will examine key developments onshore from the month of May, including: Coordinating economic stimulus Cross-border enhancements New FMC regulations Updated investment scope for insurers National Pension Insurance Company product debut Aside from these key takeaways, we will also provide a quick analytical update on all sectors of the Chinese financial services industry. Please […]
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China Alert – Regulating interest alignment

  • Franklin Templeton Sealand, Fullgoal, PMs, regulations, Zhong Ou
Working through the pension agenda Rules on fund industry compensation are out. There is some recognition of ongoing practice. Notably, use of deferred benefits as (semi-) permanent capital. Please note that full versions of our China Alert are for clients only, if you would like more information about a subscription please contact us: Tel: (+86 […]
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China Alert – Still investible

  • BlackRock, Bridgewater, Flows, onshore, regulations, Stock Connect
Working through the pension agenda Flows into Chinese equities have rebounded. Risks remain, but don’t pose a significant operational impediment. Steadier onshore economic policy should be a boon for global firms. Please note that full versions of our China Alert are for clients only, if you would like more information about a subscription please contact […]
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China Mutual Fund Series: Quarterly Assessment – 1Q22

  • AUM, Distribution, ETFs, Flows, FMCs, Fundraising, JVs, Market share, Mutual Funds, pension, Products, Regulation, regulations
Markets drew a challenging start to 2022. An optimistic January quickly gave way to meager demand for both equity and fixed income products. New fundraising hit a three-year low. Many product development plans were aborted, but some managers were able to pivot to maintain some semblance of momentum. As firms contend with their respective hurdles, […]
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China Alert – Refreshing Direct Access

  • Fixed Income, onshore, Regulators
Working through the pension agenda Barriers continue to fall for inbound fixed income access. Enhancements center on registration and custodial arrangements. The channel should now appeal to a wider range of global investors. Please note that full versions of our China Alert are for clients only, if you would like more information about a subscription […]
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China Dashboard – May 2022

  • AUM, Banks, Brokerage, CCB Pension, cross border, ETFs, Fixed Income, FMCs, Greater China, Institutions, Liquidity, Markets, pension, PFMs, QDII, Regulators, Tax-deferred pension, Trusts, Wealth Management Connect
This Dashboard will examine key developments onshore from the month of April, including: Upgrades to tax-deferred pensions First quarter fund flows CSRC fund industry roadmap PCAOB concessions Reserve ratio adjustment Aside from these key takeaways, we will also provide a quick analytical update on all sectors of the Chinese financial services industry. Please note that […]
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China Alert – Competing bank wealth interests

  • Amundi-BOC, BlackRock CCB, BWMPs, JVs
Working through the pension agenda There are new pressure points for bank JVs. Domestic peers are avoiding performance drops. Competitiveness of global brands will be tested. Please note that full versions of our China Alert are for clients only, if you would like more information about a subscription please contact us: Tel: (+86 21) 6075 […]
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China Alert – New impetus for old initiatives

  • CSRC, Licenses, Market entry, regulations
Working through the pension agenda The fund regulator has followed up on high-level guidance. Notable points focus on market entry. The onus is still on managers to drive industry growth. Please note that full versions of our China Alert are for clients only, if you would like more information about a subscription please contact us: […]
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