• About Us
  • Our Business
  • China Macro
  • Publications
    • Client Portal
    • Sample Publications
      • China Alert
      • China Dashboard
      • China Mutual Funds
      • The Competition
      • Strategic Outlook
  • In the Media
  • Careers
  • Contact
  • Login
  • About Us
  • Our Business
  • China Macro
  • Publications
    • Client Portal
    • Sample Publications
      • China Alert
      • China Dashboard
      • China Mutual Funds
      • The Competition
      • Strategic Outlook
  • In the Media
  • Careers
  • Contact
  • Login

(China Alert) MRF: Success demands coordination

  • MRF

-A significant decrease in MRF flows in September was due in part to a deliberate decision
-MRF managers must focus on product rollout strategies and domestic agent choice

Update: What a difference a single month can make. Net northbound MRF flows slowed significantly in September, from the RMB4bn a month earlier to September’s RMB560m. What is more interesting than these numbers is the cause for the slowdown: the main reason being a voluntary limit on new subscriptions due to concerns about capacity. Z-Ben Advisors believes this demonstrates the challenge of coordinating a complex execution strategy from offshore. For those bulge bracket managers looking on from the MRF pipeline, there is one thing to think about: domestic agent coordination.

Last month, we referred to JP Morgan as the king of MRF mountain but the crown should probably be shared with China International Fund Management (CIFM). The decline in net new inflows is more than likely the deliberate result of …

Full versions of our China Alerts are for clients only, if you would like more information about a subscription please contact us:
Tel: (+86 21) 6075 – 8163 Email: [email protected]

Download the PDF file .

Recent Posts
  • China Alert – Building the pension front end

  • China Mutual Fund Series: Quarterly Assessment – 3Q22

  • China Alert – First in not first out

  • China Alert – Commercial pension gaps

  • China Alert – The first fund buyout

Recent Posts
  • China Dashboard – November 2022

  • China Dashboard – October 2022

  • China Dashboard – September 2022

  • China Dashboard – August 2022

  • China Dashboard – July 2022

Other Reports
  • The Competition

  • China Mutual Funds

  • China Alert

  • China Dashboard

  • Strategic Outlook

(China Alert) Pension reform: License and registration please

Strategic Outlook: Chinese pension reform: Defining the benefits

Scroll
Login
Follow us
  • X
  • YouTube
@2004-2025 Z-Ben Advisors
logo
  • About Us
  • Our Business
  • China Macro
  • Publications
    • Client Portal
    • Sample Publications
      • China Alert
      • China Dashboard
      • China Mutual Funds
      • The Competition
      • Strategic Outlook
  • In the Media
  • Careers
  • Contact
  • Login
Login

Register
Forgot your password?

The website has been updated, previous user accounts have been saved but a password recover will be required to login. After logging in, please edit your profile to include your company and position so we can better service you. Thank you.

Investment Solutions Inquiry

[ninja_form id=5]

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Accept