China’s asset management industry: mapping the global landscape
Journal of Investment Compliance
ISSN: 1528-5812
Article publication date: 4 December 2020
Issue publication date: 15 December 2020
Abstract
Purpose
The purpose of this article is to describe the globalization process of China’s asset management industry.
Design/methodology/approach
This article looks at the globalization of China’s asset management industry from a bilateral perspective. On one hand, it analyzes new measures promulgated in China to expand the opening up of capital markets and attract foreign asset management institutions. On the other hand, it gives an introduction on some advisable choices for Chinese asset management companies to invest overseas.
Findings
With the promulgation of the Shanghai Guidebook for Overseas Asset Management Institutions among other measures that further liberate China’s financial market, 2020 marks an important era for foreign asset managers. Besides, this article suggests that Luxembourg, Ireland and the UK are ideal European destinations for Chinese asset management companies to invest in.
Practical implications
This article aims to keep foreign asset managers updated of new rules regarding financial market liberalization in China and help them to expand business in Shanghai. This article also gives a brief introduction on the fund industry in Ireland, Luxembourg and the UK, to give those Chinese asset management companies which are considering overseas investment some inspiration.
Originality/value
Practical guidance from experienced lawyers in the practice of foreign investment and capital markets.
Keywords
Citation
Yao, J., Ravendran, S. and Zhang, H. (2020), "China’s asset management industry: mapping the global landscape", Journal of Investment Compliance, Vol. 21 No. 2/3, pp. 93-96. https://doi.org/10.1108/JOIC-07-2020-0010
Publisher
:Emerald Publishing Limited
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