The French asset manager plans to build an exchange-traded funds business in Asia with Hong Kong as its hub and has kicked things off with a low-fee product.
As China opens its capital account, the country's foreign investor quota system is being seen as declining in importance. In a two-part series, AsianInvestor examines how prime brokers are responding.
Investors must be quick to sell H-shares and buy A-shares via the Shanghai-Hong Kong trading link to avoid losing the premium on HK-listed stocks, says the equity broker.
Interest in the A-share/H-share spread trade is tipped to rise come October, when the Shanghai-Hong Kong Stock Connect goes live, but profitability of the transaction may fall as a result.