China's investment industry is set to continue its rapid expansion, as institutions increasingly outsource investments to both mandates and mutual funds, says rating agency Fitch.
Tag : fund subsidiaries
Foreign asset managers with China fund JVs must decide whether to continue backing shadow-banking business run by their mainland entities, given the rising cost and risk involved.
Proposed capital rules for the $1.5 trillion fund subsidiaries segment are tougher than expected, as Beijing further turns the screw on the domestic investment and shadow-banking sectors.
