China’s largest asset manager will begin trading its second RQFII ETF today, and has started planning its third. Yet investor interest is waning as outflows through July total $1.5 billion.
Tag : chinaamc
Market sources say HuaAn, China Universal, Da Cheng International and Bosera all plan to launch RQFII ETFs with their new quotas.
Fund houses expect to launch new and different types of product after CSRC chief vows to raise quotas by Rmb200 billion in response to demand plea from Hong Kong authorities.
Todd Ruppert outlines his roadmap for T Rowe PriceÆs expansion in Asia, following the firm's acquisition this week of a 26% stake in India's UTI Asset Management.
ChinaAMC agrees to give exclusive access to Cathay for two years. Its Hong Kong unit will advise Cathay for an upcoming Greater China fund.
ChinaAMC gets serious about putting together a viable international offering for investors with the hire of Anthony Ho.
Index funds have become a dominant force driving fund sales in China.
More China fund houses make their mark in the city as they expand their international investment capabilities and look to tap foreign investor interest in China.
The mainlandÆs third largest insurer and top domestic fund house will soon open their Hong Kong asset management centres.
Executives from the two fund houses say operational plans for their respective offices in Hong Kong are still being finalised.
Authorities are prodding Citic Securities, which owns both fund companies, to merge them in order to comply with laws on ownership, creating the first such case in China's mutual-funds industry.
Three mainland mutual funds have triggered an inflow into Hong KongÆs stock market, with many more QDII launches û and Sino-foreign JVs û on the way.