Zhong Ou Archives - Z-Ben Advisors

China Alert – Regulating interest alignment

Franklin Templeton Sealand, Fullgoal, PMs, regulations, Zhong Ou

Working through the pension agenda Rules on fund industry compensation are out. There is some recognition of ongoing practice. Notably, use of deferred benefits as (semi-) permanent capital. Please note that full versions of our China Alert are for clients only, if you would like more information about a subscription please contact us: Tel: (+86 […]

E Fund, ETFs, Organic flow, Products, QDII, Zhong Ou

Right product, right time One ETF has had USD7.5bn of inflows since early last year. Retail speculation is the key driver. This behavior looks to be here to stay. Please note that full versions of our China Alert are for clients only, if you would like more information about a subscription please contact us: Tel: […]

Active equity, Bond funds, E Fund, Fullgoal, Fundraising, GF, Invesco Great Wall, WFOE, Zhong Ou

Fund hauls: 2020 in perspective Year-end totals surpassed 2015 and 2019 fundraising peaks. Demand for active equity drove most of the year’s new fundraising. While the market upturn carries into 2021, some managers will strain to retain competitiveness. Please note that full versions of our China Alerts are for clients only, if you would like […]

Active equity, AEGON-Industrial, AUM, China Merchants, China Universal, Flows, FMCs, Fullgoal, Hongde, Invesco Great Wall, Mutual Funds, Penghua, Rankings, Zhong Ou

AUM leaderboard changes Onshore mutual fund industry ended 3Q20 with record AUM of USD2.6tr. Active equity was again the key driver of upward moves in the competitive rankings. Several managers have proved that it is not just new funds that are attracting flows. Please note that full versions of our China Alerts are for clients […]

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 equity, AEGON-Industrial, AUM, China Universal, Distribution, E Fund, MMFs, Mutual Funds, UBI Banca, Zhong Ou

The big reallocation in detail The verdict is in: investors are moving from MMFs to active equity. Not going away is the nagging issue of hyperactive fund churn. This is being intensified by business models at the heart of online distribution platforms. Please note that full versions of our China Alerts are for clients only, […]

China Alert – Regulating interest alignment

China Alert – Right product, right time

China Alert – Fund hauls: 2020 in perspective

China Alert – AUM leaderboard changes

China Alert – The teams that led 2020 fundraising

China Alert – The big reallocation in detail