China Alert – Onshore fixed income going mainstream

  • Fixed Income, fund managers, Onshore business
Onshore fixed income going mainstream Short- and longer-term trends both point to greater demand for RMB fixed income. As of yet, global public offerings remain limited. Managers will need to keep pace with developments in order to address impending flows. Please note that full versions of our China Alerts are for clients only, if you […]
Read More

China Alert – New options, old priorities

  • mutual fund, Onshore business
New options, old priorities    The latest market opening timetable is raising questions around onshore business classifications. The entire investment management landscape is now accessible, beyond just mutual funds. For most global firms, China business priorities should remain unchanged. Please note that full versions of our China Alerts are for clients only, if you would […]
Read More

China Dashboard – July 2019

  • AUM, CSRC, foreign firms, IM WFOEs, mutual fund, Onshore business
This Dashboard will examine key developments onshore from the month of June, including: The new timeline for 100% foreign ownership Lujiazui Forum provides clarifications for foreign firms Mutual recognition rebound continues CSRC expands scope of mutual fund stock lending Mutual fund AUM declines Aside from these key takeaways, we will also provide a quick analytical […]
Read More

China Alert – Marking to market at 26x

  • global managers, Onshore business
Marking to market at 26x  Recent data give global managers a new benchmark to revalue their onshore interests. Among those in the higher tiers, China investments have increased in value at a significant clip. Multiples for future deals are likely to vary, but the sheer scale of the opportunity will remain constant. Please note that […]
Read More

Strategic Outlook: WFOE

  • foreign fund managers, Onshore business, WFOE
Goals and gambits Playing the WFOE right There are now more than 60 foreign managers with wholly-owned platforms onshore. But there remains a great deal of trepidation, internal conflict and uncertainty about how to proceed and grow. Competitive and regulatory ground is shifting – faster than most realize. These considerations need to be built into […]
Read More