Geoffrey Lunt of HSBC Global Asset Management explains how China’s inclusion in the Bloomberg Barclays Bond Index could help investors boost their returns.
The proposed scheme will fail to live up to the hype initially because the size of the opportunity needs to be put into perspective, says Shiv Taneja of Cerulli.
Hong Kong's central bank hopes that partnering Clearstream will help to reignite interest in its repurchase agreement settlement platform. To date very few deals have been closed.
Regulators in the three markets are putting faith in agreements for mutual recognition of funds – and their efforts may be coming to fruition. And Korean firms are taking note.
They see it as a natural progression, although timing remains uncertain, after China's central bank moves to curb speculation by proposing the next step to full convertibility.
The US firm moves to launch fund admin services supporting Hong Kong products to cater to rising interest among asset managers on the back of the planned cross-border recognition scheme.
The CSRC is proposing a raft of liberalisations to broaden its QDII programme, potentially presenting new sub-advisory opportunities for foreign fund houses.
The CSRC expands the scope and scale of its RQFII programme to include Hong Kong-domiciled financial firms, with HSBC and Standard Chartered reportedly expressing interest.