China Mutual Funds Archives - Page 3 of 3

China Mutual Fund Series – Quarterly Assessment

2Q16, China, mutual fund

Quarterly Assessment (2Q16) Shifting regulatory winds and new industry-wide trends began to visibly shape the competitive landscape last quarter. All of these changes are happening against a backdrop of unprecedented access to the Chinese mutual fund market, now the largest in Asia. This report looks in depth at how the large volume of institutional capital […]

1Q16, FMC subsidiaries, MRF, Mutual Funds

An interesting dynamic has emerged in the Chinese mutual fund industry. Asset managers are attempting to balance public mutual fund business and the non-core segregated account and subsidiary business, largely composed of loan packaging operations. While the AUM of the former dropped in 1Q16 as window-dressing capital was extracted, the AUM of the latter grew […]

MMF, Mutual Funds

Fallout from the market fall As stock market volatility continued well into the third quarter, and both institutional and retail investors remained wary of equity products, the public mutual fund sector AUM fell from RMB7.05tr to RMB6.68tr (USD1.05tr) in Q3. However, this drop was not as severe as expected: rather than fleeing from the market […]

China Mutual Fund Series 2Q15

For the first time, AMAC released figures for the whole mainland mutual fund industry: total AUM was RMB16tr (USD2.6tr) in Q2; of this, RMB2.9tr was in parent SA business and RMB6.1tr was in FMC subsidiary business. Total public mutual fund AUM grew 73% QoQ to RMB7.05tr (USD1.13tr), and we saw record-breaking fundraising of RMB887bn (USD142.6bn) […]

China Mutual Fund Series 1Q15

Equity and balanced funds were the key drivers for mutual fund industry AUM growth in 1Q15, pushing the number to a historical high of RMB5.15tr(USD828bn). These two fund types also accounted for 79% of new fundraising, totaling a record-breaking RMB237bn (USD38bn) across 129 new products. Figures such as these were last seen in 2007 when […]

China Mutual Fund Series 4Q14

At the end of last year, China’s mutual fund industry AUM reached a record high – RMB6.95tr, split between RMB4.44tr public mutual fund AUM and RMB2.15tr non-core AUM. Capital appreciation, new product fundraising and organic inflows all contributed to growth among public mutual funds. The stock market continued to perform in Q4 following an uptick […]

China Mutual Fund Series 3Q14

The Chinese mutual fund industry hit a new quarterly high with AUM reaching RMB3.83tr, posting a QoQ growth of 8%. The boom was in large part due to the Mainland’s stock market rally, with the CSI 300’s near 14% quarterly increase driving the growth of equity-centric funds by almost RMB150bn in capital appreciation alone. While […]