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.
Tag : segregated accounts
The segregated accounts system on Stock Connect has received mixed reviews from the market more than a week after its launch by HKEx. Criticisms include leaving foreign investors open to counterparty risk.
The regulator is proposing to ease restrictions on segregated accounts to encourage fund management companies to enter the arena and spur competition with hedge funds.
