Chair of the Chinese Asset Management Association, Ding Chen, denies it is lobbying against RQFII’s extension to Singapore and London, but one member reveals reservations.
Amac unveils 25 new memberships to include private equity players, insurers and securities firms. Regulations are being eased to allow such houses to start fund management businesses.
China's FX regulator awarded $2.75 billion in quota to nine foreign firms last month, with further liberalisation expected to be announced by the CSRC as early as this month.
They are positive about China and the eurozone, while emerging markets become the second most actively used asset class. Changing regulation is seen as the main challenge.
High-net-worth investors continue to shun alternative investments, as private banks increasingly favour in-house product, according to research by Scorpio Partnership.