China Mutual Fund Series: Quarterly Assessment – 3Q22

  • Distribution, Flows, FMC segregated accounts, FMC subsidiaries, FMCs, Fundraising, JVs, Market share, Mutual Funds, Products, Regulation
‘Nowhere to go but up’ seems to be the 3Q22 mantra. Even as overall AUM dipped slightly, the twin factors of four-year-low benchmark valuations and MMF yield compression conspired to turn investors to selective equity allocations. Not quite risk on, but a welcome outcome for certain managers. There are changes to industry sub-structure that portend […]
Read More

China Dashboard – November 2022

  • Banks, Brokerage, cross border, FMCs, Institutions, Markets, PFMs, Regulators, Trusts
This Dashboard will examine key developments onshore from the month of October, including: Policy alignment Fund flows Short-swing profit rule Special bond program New requirements for insurers in pension pilot Aside from these key takeaways, we will also provide a quick analytical update on all sectors of the Chinese financial services industry. Please note that […]
Read More

China Dashboard – October 2022

  • Banks, Brokerage, cross border, FMCs, Institutions, Markets, PFMs, Regulators, Trusts
This Dashboard will examine key developments onshore from the month of September, including: RMB internationalization FX on defense Commercial pension tax rate revised New round of property support Deposit rates lowered Aside from these key takeaways, we will also provide a quick analytical update on all sectors of the Chinese financial services industry. Please note […]
Read More

China Dashboard – September 2022

  • Banks, Brokerage, cross border, FMCs, Institutions, Markets, PFMs, Regulators, Trusts
This Dashboard will examine key developments onshore from the month of August, including: Policy rate adjustments Property sector stimulus Half-year bank wealth fundraising Infrastructure investment Offshore listing transparency Aside from these key takeaways, we will also provide a quick analytical update on all sectors of the Chinese financial services industry. Please note that full versions […]
Read More

Strategic Outlook: Outbound – August 2022

  • Asset allocation, ETFs, FMCs, outbound
Outbound Clock in, flow out Take a pause from the usually torrential flow of information associated with building a China business – which regulator, what requirements, which paperwork etc. This month we highlight an oft-overlooked aspect of investment flows. The outbound business has always seemed attractive, if not always practical. Developments over the last few […]
Read More

China Mutual Fund Series: Quarterly Assessment – 2Q22

  • Distribution, Flows, FMC segregated accounts, FMC subsidiaries, FMCs, Fundraising, JVs, Market share, Mutual Funds, Products, Regulation
It has not been an easy summer for the mutual fund industry. Fundraising for high-fee products collapsed in 2Q22, forcing managers to change course on product development. Some did so adeptly; most did not. Signs of a recovery have been few and far between in 3Q22, suggesting the situation may persist through this year. Not […]
Read More

China Alert – Finding a bank wealth fit

  • BWMPs, FMCs, Industrial Bank Wealth Management, JVs
Finding a bank wealth fit Bank wealth capital needs are being met with sizable retained earnings. This may alter the dynamic for foreign involvement in the industry. Global firms will need to reassess the merits and timing of potential partnerships. Please note that full versions of our China Alert are for clients only, if you […]
Read More

China Alert – Manulife takeover advances

  • FMCs, Foreign shareholders, Franklin Templeton Sealand, HSBC, JP Morgan, JVs, Manulife Teda, Morgan Stanley
Manulife takeover advances Manulife looks to be the confirmed buyer in its JV auction. The head start will require an intensive personnel rework. Pressure for deal progress may reach other local teams. Please note that full versions of our China Alert are for clients only, if you would like more information about a subscription please […]
Read More

China Dashboard – August 2022

  • Banks, Brokerage, cross border, FMCs, Institutions, Markets, PFMs, Regulators, Trusts
This Dashboard will examine key developments onshore from the month of July, including: CPC frames near-term macro policy Second quarter fund flows Bank wealth JV fundraising results Price environment Pension deposit pilot underway Aside from these key takeaways, we will also provide a quick analytical update on all sectors of the Chinese financial services industry. […]
Read More

China Dashboard – July 2022

  • Banks, Brokerage, cross border, FMCs, Institutions, Markets, PFMs, Regulators, Trusts
This Dashboard will examine key developments onshore from the month of June, including: Commercial pension eligibility set ETF Connect program launch New QDII quota installment Stock Connect nets inflows Provincial government financing Aside from these key takeaways, we will also provide a quick analytical update on all sectors of the Chinese financial services industry. Please […]
Read More
Login
Follow us