Advisory work tipped to explode in China’s AM industry

Opportunities for advisory work will explode in China’s asset management industry as securities firms increasingly expand into alternatives and futures where their experience is limited, predicts Z-Ben Advisors. The Shanghai-based consultancy points out that alternative asset management is beginning to mature in China, with Guangfa Securities the latest to turn its attention to the sector. GF Securities has unveiled plans to establish a subsidiary – tentatively named Guangfa Alt…