The public pension fund reserve saw AUM top Rmb1 trillion after a local government mandate and healthy returns. If it continues to diversify, it's expected to raise mandated assets.
Tag : z-ben advisors
Party secretary Dai Xianglong expects China's National Social Security Fund to more than quadruple assets by 2020. The market is forecasting it will outsource more to foreign firms.
Consultancy Z-Ben Advisors lists the fund houses it believes were the biggest winners and losers in 2012. Eyes will be on equities this year, with MMFs and bond funds under threat.
AUM rises 30% in 2012 after an A-share rebound and contrived flows into money-market funds. Industry assets could surge to a new high, with equity managers in line to benefit.
The Dutch firm sells its 33% holding in China Merchants FMC to its two local partners in an industry first. While any future sale of a stake in the firm could be pricey, it might be money well spent.
China's insurance regulator has awarded asset management licences to seven domestic fund houses and two brokerages as it ups liberalisation. The next batch is expected soon.
Asset managers should capitalise on deregulation and the deepening of asset pools to develop advisory businesses via wholly foreign-owned enterprises, says Z-Ben.
There's never been a better time for foreign investors to apply to access China’s domestic securities markets, with QFII licences and quotas being issued far faster and in larger size.
The CSRC awards licences to 14 long-only institutions including two central banks, two sovereign wealth funds and two pension funds. A rise in quotas is forecast.
The country's National Development and Reform Commission is requiring private equity firms to file with regulatory bodies and provide annual reports.
Rapid expansion into alternative asset management and futures by brokerages with limited experience in these segments is expected to present a plethora of advisory opportunities.
China's largest fund management firm will soon be able to launch products after its new shareholders are unveiled. Canada’s Power Corporation now has an enviable 10% stake in the business.
