China Alert – Opportunities in onshore credit

  • Defaults, Huatai, Jiangxin, Mutual Funds, Nikko, onshore, PICC, Redemption, Rongtong
Opportunities in onshore credit Several large corporate defaults have spooked onshore credit markets. The impact has been felt by bond fund investors through NAV write-downs. Incoming global managers’ fixed income risk management capabilities are well-suited to fill gaps that remains in the onshore space. Please note that full versions of our China Alerts are for […]
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China Alert – Bond funds stressed

  • Bond funds, Mutual Funds, Redemption, Regulators
Bond funds stressed The results of PBoC’s annual test of fund managers’ ability to withstand mass redemptions have been published. Certain fixed-income products have been cleaned up, but risks remain. The challenge remains plumbing the depths for yield amid a banner year for investor demand. Please note that full versions of our China Alerts are […]
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China Alert – Mega-fund hero redemption arcs

  • Active equity, AUM, Franklin Templeton Sealand, Fundraising, JP Morgan, Redemption
Mega-fund hero redemption arcs 3Q20 brought the inevitable redemption from this year’s active equity launches. The cycle shows no signs of stopping with big-name launches in the fourth quarter. Fortunately, global managers in search of a different way have a few role models onshore. Please note that full versions of our China Alerts are for […]
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