Harvest 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 […]

Active equity, AUM, Fixed Income, Flows, Harvest, MMFs, onshore

A tectonic shift in China fund flows Third-quarter fund flows are revealing further dislocations in short-dated fixed income. At the firm level, the partial dataset suggests some bank-backed managers have been materially impacted. Flows continue to gravitate to active equity products, reflecting steady market demand. Please note that full versions of our China Alerts are […]

CIB, DWS, E Fund, GF, Harvest, Invesco Great Wall, Orient, QDII, Quota, SAFE, Wanjia, Yinhua

Guess who’s back with quota It has been 17 months since the last QDII quota was issued. QDII utility in ETF connectivity schemes with Hong Kong and Tokyo explain part of the recent batches. Global managers will now be looking for relaxation of the MRF and QDLP channels. Please note that full versions of our […]

Active equity, AEGON-Industrial, BMO, China Universal, ChinaAMC, DWS, Fullgoal, Fundraising, Harvest, onshore, Portfolio manager, PowerCorp, UBI Banca, Zhong Ou

The teams that led 2020 fundraising A reversal of fortunes has emerged among the leading active equity houses onshore. Slow reactivity to shifting demand is placing some legacies in retrograde. Central to this are tenured PMs who can lead the fundraising charge (or lack thereof). Please note that full versions of our China Alerts are […]

Active funds, CCB Principal, ChinaAMC, DWS, E Fund, Eurizon, Fixed Income, GF, Harvest, Market share, Penghua, PowerCorp

Short-term gains, long-term growth Heightened equity demand favored managers with market-ready solutions. Active managers enjoyed the most visible market share improvements. In the past, similar market conditions have helped firms secure long-term asset accumulation. Please note that full versions of our China Alerts are for clients only, if you would like more information about a […]

Active equity, Alipay, AUM, Bosera, CCB Principal, Fixed Income, Fundraising, Harvest, Hua An, ICBC Credit Suisse, Market share, MMFs, Southern, Tianhong

Manager market share carnage incoming Asymmetrical flows are set to fundamentally reshape the industry. Uncertainty surrounds the impact on differing money market product classes. For 3Q20, it will be a singular focus on active equity fundraising. Please note that full versions of our China Alerts are for clients only, if you would like more information […]

China Alert – Leader and laggard managers in 2020

China Alert – A tectonic shift in China fund flows

China Alert – Guess who’s back with quota

China Alert – The teams that led 2020 fundraising