The plus and minus of China’s new foreign ownership rules
China recently announced it would ease foreign ownership limits for fund management firms, but huge challenges await foreign players that want to enter China’s retail investor market, industry sources said.
The limits of ESG screening
Governance is the most important factor in ESG investing, says Marc-Oliver Buffle, Geneva-based senior product specialist at Pictet Asset Management. But can you really screen for it?
Noah aims to be China’s global private bank
Developing a global family office unit and offering discretionary mandates are part of Shanghai-based Noah’s strategy to become a global Chinese wealth manager, according to William Ma, co-chief investment officer in Hong Kong.
Natixis makes Australia acquisition
Natixis Global Asset Management will acquire a majority stake in Australia’s Investors Mutual Limited (IML) to take advantage of the domestic retail market and A$2.3trn (£1.4trn, $1.8trn, €1.5trn) superannuation industry.
Value Partners in fund distribution pact with Forbes
Hong Kong’s Value Partners has formed a strategic partnership to distribute funds with media company Forbes, which is branching into financial services.