China's credit rating analysis gap presents opportunity

Chinese asset management firms see an opportunity to fill a knowledge gap based on the lack of quality credit rating servcies in the country as it opens its interbank bond market to foreign institutional investors. Benjamin Rudd, head of overseas investment for Ping An of China Asset Management (Hong Kong), sees potential to work with investors such as central banks and sovereign wealth funds to provide advisory credit analysis on onshore fixed income funds, given that Ping An has…