China Alert – Cash management 2.0

  • inflows, MMF
Cash management 2.0 One line between the domains of banks and fund managers begins to blur. Short-run MMF inflows shouldn’t be at risk. Still, some fund managers may need to revisit their long-term growth strategies.. Please note that full versions of our China Alerts are for clients only, if you would like more information about […]
Read More

China Alert – Rockin’ around the pension tree

  • CSRC, Mutual Fund Companies, pension
Rockin’ around the pension tree A recent speech shows the fund industry is still lobbying for third-pillar action. New pension mutual fund approvals are the latest sign that CSRC is firmly behind managers. However, managers could be doing more to build up their own pension capacity. Please note that full versions of our China Alerts […]
Read More

China Alert – Hardening the bank wealth management mold

  • Fund Manager
Hardening the bank wealth management mold  Capital provision requirements for bank wealth management subsidiaries have been set. These new measures will shape product and growth strategies. Fund managers should recognize that any cooperation opportunities may be challenged in the longer term. Please note that full versions of our China Alerts are for clients only, if […]
Read More

China Alert – Added relevance for insurance asset management

  • Fund Manager
Added relevance for insurance asset management   Insurance asset managers are set to enjoy a broadened business scope. Capabilities will need to be expanded to fully compete with other platforms. New ownership rules should also add to the interest from global firms. Please note that full versions of our China Alerts are for clients only, […]
Read More

China Alert – Another fund manager stake changes hands

  • Fund Manager
Another fund manager stake changes hands A top-ten domestic manager has recently undergone a minority shareholding change. The final valuation came in below other top-tier transactions. This new data point will be increasingly useful as market opening progresses. Please note that full versions of our China Alerts are for clients only, if you would like […]
Read More

China Alert – Mutual recognition outpaces legacy outbound programs

  • Fixed Income, mutual, outbound
Mutual recognition outpaces legacy outbound programs Latest figures reveal that mutual recognition flows now exceed all other outbound programs. Fixed income products continue to be preferred by investors. However, fewer new lodgings and approvals are seen than in previous years. Please note that full versions of our China Alerts are for clients only, if you […]
Read More

China Alert – Equity takes center stage in 3Q19

  • AUM, equity, mutual fund
Equity takes center stage in 3Q19 Onshore mutual fund AUM reached USD1.9tr in the third quarter of 2019. Demand for equity products has opened the door for smaller managers to find flows. With regulatory backing and pensions looming, there’s room for still more growth. Please note that full versions of our China Alerts are for […]
Read More

China Alert – Fund managers first in advisory line

  • Fund Manager, inflows, onshore
Fund managers first in advisory line The latest onshore pilot program officially opens the door for portfolio advisory. Its design puts the emphasis on quality of inflows rather than fundraising volume. A few global managers may already be gearing up to get involved. Please note that full versions of our China Alerts are for clients […]
Read More

China Alert – Mutual fund registrations overhauled

  • Fixed Income, Mutual Fund Companies, mutual fund sector, Mutual Funds
Mutual fund registrations overhauled           Window guidance from CSRC has signaled equity product registration will be fast-tracked. On the other hand, fewer fixed income products are expected to be permitted and those that do will face tighter fundraising restrictions. While competitive dynamics may be tested in the long term, an immediate concern […]
Read More

China Alert – Bank wealth products, ten months on

  • Bank wealth management, regulatory updates
Bank wealth products, ten months on  Tighter regulations are changing the nature of bank wealth management. More bank wealth subsidiaries will begin operating in the coming months. Product diversity remains a challenge, despite growth ambitions. Please note that full versions of our China Alerts are for clients only, if you would like more information about […]
Read More
Login
Follow us