After a strong showing in 2016, the gold price has been pegged back by dollar strength and a positive outlook for the US. Still, demand from China is growing, notably through ETFs.
Tag : huaan
More mainland funds have received the go-ahead for sale in Hong Kong under the mutual recognition scheme. They are tipped to provide stiff competition for RQFII products.
Two more Chinese fund houses have received permission to roll out domestic gold ETFs, with managers saying they will drive competition despite a slumping gold price.
China's first two gold ETFs are set to list, against the backdrop of a recent drop in global demand for the metal – though mainland fund houses see this as a buying opportunity.
Lazard names new Australia CEO, HuaAn hires former Kaisen CIO, T Rowe adds a fixed income head, and CBRE appoints Asia-Pacific chief operating officer.
China's funds industry continues to be plagued by high turnover, with HuaAn naming Zhu Zhongqun as chairman after losing five senior managers this year.
Another fund house queues up to launch a QDII exchange-traded fund and, like FTSE, is intent on repairing its reputation in China.
The Shanghai-based fund management company is searching the globe for a new business leader to return it to the top of the industry ladder.
The arrest of a senior executive at Huaan Fund Management linked to the Shanghai pensions scandal may be a cautionary tale with a silver lining.
For the first time, Chinese investors get access to a variety of asset classes û and the deal shows you donÆt need a JV to manage Chinese money.
ChinaÆs fund management companies and their clients are eager to begin this new line of business.
Huaan Fund Management is working on what could be the first domestic mutual fund in China to invest overseas.