China Alert – First in not first out

  • China International, Fidelity, JP Morgan, Manulife, Manulife Teda, Market Opening, Mutual Funds, Neuberger Berman
The expanding China universe CSRC approves two global managers in as many weeks. Neuberger Berman will proceed to operations ahead of earlier applicants. Additional approvals should follow after slight adjustments. 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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China Alert – The first fund buyout

  • Fidelity, JP Morgan, Manulife, Market Opening, Morgan Stanley, Neuberger Berman
The expanding China universe The onshore fund space now has two wholly-foreign-owned operations. Several other managers are primed for approval. Focus now shifts to the execution of new growth initiatives. 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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China Alert – The expanding China universe

  • Bridgewater, Derivatives, FII program, Market Opening, Neuberger Berman, UBS, Winton
The expanding China universe Progress continues in opening China’s capital markets. Expanded trading opportunities will precede more access points. Events this week will also shed light on policy priorities. 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: […]
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China Alert – The greenfield FMC pipeline

  • Fidelity, FMCs, Neuberger Berman, VanEck, WFOE
The greenfield FMC pipeline One global manager took another step towards a greenfield fund management company. Feedback specifics signal openness and flexibility from the regulators. Patient commitment remains the most important factor for a successful application. Please note that full versions of our China Alert are for clients only, if you would like more information […]
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China Alert – Fidelity and Neuberger Berman overdue?

  • AllianceBernstein, BlackRock, CSRC, Fidelity, FMCs, JP Morgan, Neuberger Berman, Regulatory, VanEck
Fidelity and Neuberger Berman overdue? Additional material from these managers is due and a status update may appear at CSRC in the next few days. Regulatory feedback mostly centered on internal processes rather than broader issues. Extensions are not uncommon in onshore regulatory review proceedings, but there are clear benefits to expedience. Please note that […]
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China Alert – Fidelity, Neuberger Berman and lessons learned

  • CSRC, Fidelity, FMCs, Neuberger Berman, Regulatory, WFOE
Fidelity, Neuberger Berman and lessons learned Recent regulatory disclosure has provided valuable insight into the fund management application process. Clearly, knowing what is required for an application goes beyond checking boxes. Theory in action is on display here in terms of the degree of agency given to local teams. Please note that full versions of […]
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China Alert – Neuberger Berman, Fidelity and (maybe) many others

  • Fidelity, Market Opening, Neuberger Berman, Regulatory, Strategies
Neuberger Berman, Fidelity and (maybe) many others The who doesn’t matter; the focus needs to be on the “how”. Regulatory shifts now permit multi-option and layered entry approaches. It’s China’s market you’re entering – can you accept playing by house rules? Please note that full versions of our China Alerts are for clients only, if […]
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