Qatar's SWF to invest in Indian billionaire's retail unit; Chinese regulator calls on institutional investors to expand equity investments; Australia's ART and AvSuper merger talks move ahead; GSIS eyes big boost to net income; and more.
At least four foreign fund houses were given the regulatory nod to either take full control of an existing joint venture or set up a fully-owned mutual fund business since the start of 2023.
Official implementation framework announced this month expands investible universe for China’s private pension scheme, allowing more products and fund managers a slice of the trillion-dollar market.
A bullish message of Hong Kong's re-emergence was conveyed by a stellar cast of speakers at the Global Leaders' Summit.
Singapore state-owned investor Temasek acquires Element Materials Technology from UK's Bridgepoint Group for more than $7 billion; China’s forthcoming rules on overseas IPOs will apply to Chinese companies that want to list in Hong Kong.
EISS Super hit by another scandal; China's CSRC launches consultation on disclosure requirements for new BSE securities; Hong Kong issues consultation paper on Spacs; New World Development partners with China Taiping to focus on Greater Bay Area projects; GPIF employees say Japanese Reits have grown more attractive; Taiwan's BLF invites bid for $1.7 billion mandate; and more
Several so-called private equity funds in China really conduct risky lending or investing and pose potentially serious investment risks for asset owners, say market experts.
As part of their new advisory powers, asset managers are looking to provide a broader digital platform to compete with the disrupters.
Online sales of funds in China are disrupting the dominance of commercial bank distribution but the latest tie-up between two giant firms has limited scope, say some analysts.
Many foreign fund managers are pinning their China distribution strategies on the WFOE scheme. But the programme's limitations pose familiar problems for scaling the business.
Chinese regulators are putting up unnecessary barriers to fund managers wanting to take advantage of mutual recognition of funds between Hong Kong and the mainland, believe industry experts.
CSRC issued its first set of rules governing the performance fees that mutual funds can charge. The worry for hedge funds is that they could be extended to them.