CHINESE MARKET IN NUMBERS
Despite a slight dip, Greater China AUM largely remained resilient in the face of market turbulence – a positive sign as markets continue to strengthen.
2018 was muted for fundraising. But, that hasn’t stopped global managers from lodging further applications: 2018 saw the most applications since the initial flurry of 2015, as well as the most approvals since the scheme began.
Private securities fund AUM took a dip – along with onshore equities – throughout 2018. Global manager involvement couldn’t have been more different; 25 WFOE private funds were launched by the end of the year.
Public mutual fund AUM ended 2018 at USD1.9tr, with Sino-foreign joint ventures holding just shy of half. Of the top 20, 11 are JVs, with CCB Principal as the largest.