Investec points to China amid regional buildout
The South African asset manager is preparing to launch an A-share fund and sees a big opportunity to work with Chinese insurers. It is also eyeing expansion in Singapore.
Fund house Investec Asset Management has underlined the importance of China as it continues to focus on its regional buildout in Asia Pacific.
The $120 billion asset management arm of South Africa’s Investec PLC is preparing to launch its first A-share strategy, having received a qualified foreign institutional investor (QFII) licence last year and a $100 million quota this January.
At the same time it is exploring what it sees as significant opportunities to work with Chinese i…
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