BoC Archives - Z-Ben Advisors

China Alert – Leader and laggard managers in 2020

AUM, BoC, Bosera, competition, E Fund, equity, First State Cinda, Fixed Income, Fundraising, GF, Harvest, Mutual Funds, Orient, Penghua, Ping An, Tianhong

Leader and laggard managers in 2020 Even excluding MMFs, the largest onshore managers are now at the centi-billion-dollar threshold. However, in some cases churn from older funds has eroded recent fundraising. The key question for all managers going into 2021 will be how to best calibrate product development efforts. Please note that full versions of […]

Amundi-BOC, BoC, BWMPs, Fixed Income, JVs

New JV – new product – old tactics Amundi-BOC WM has opened subscriptions for its first product. Marketing material online touts this as another fixed income plus offering. Fundraising results later this week or early next will be revealing. Please note that full versions of our China Alerts are for clients only, if you would […]

BoC, Citi, HSBC, ICBC, JVs, outbound, QDII, Quota, Standard Chartered

QDII: What about the banks? Foreign participants continue to wield the most bank QDII quota. The latest top-ups demonstrate the program remains a low-level priority for domestic banks. For scale, budding wealth management joint ventures would need to muster greater outbound interest from their onshore partner. Please note that full versions of our China Alerts […]

BlackRock, BoC, BWMPs, CCB, CSRC, FMCs, Mutual Funds, regulations

Flexibility versus uncertainty There are new revisions to the fund management company regulation – released late Friday, of course. They tackle a host of licensing and business structure issues. Fund managers have been handed the operational tools to plan new growth avenues. Please note that full versions of our China Alerts are for clients only, […]

China Alert – Leader and laggard managers in 2020

China Alert – New JV – new product – old tactics

China Alert – QDII: What about the banks?

China Alert – Flexibility versus uncertainty