Dechert partner Karl J Paulson Egbert, and associate, Kylee Zhu, have addressed the subject of China’s policy response to market turbulence and assessed what it means for fund managers.
Aberdeen Asset Management, one of the UK’s largest investment groups, has been granted a business licence which will make it easier to operate in China and significantly strengthen the UK’s presence in Asia’s leading economic powerhouse.
“Most market participants, including ourselves, were surprised by the People’s Bank of China’s (PBOC) policy action on the Renminbi currency,” writes Michael Stanes, Investment Director at Heartwood Investment Management.
Financial reform is still the big story for China, says Michael Lai, investment director, GAM…
Deutsche Börse Group has received full regulatory approval from the Monetary Authority of Singapore (MAS) to operate Eurex Clearing Asia.
CME Group and Multi Commodity Exchange of India Limited (MCX) have signed a Memorandum of Understanding (MOU) on various cooperation activities and potential business opportunities, including a joint viability study of setting up operations in an International Finance Service Centre in India.
BlackRock’s Investment Institute has published a report on China’s economic growth, entitled “Climbing China’s Great Wall of Worry – Investment Risks and Opportunities”. The report finds that the growth model is looking out of date, debt is piling up and capital outflows are rising.
Michael Lai, Investment Director, GAM, looks at whether the Chinese government is currently more focused on reform or growth…
FIX Trading Community has published an industry Implementation Guide for the Shanghai-Hong Kong Stock Connect project.
Amendments to the Taiwan Financial Supervisory Commission’s (FSC) regulations allowing over-the-counter (OTC) non-capital-raising Depositary Receipt (DR) programmes could make investing in Taiwanese companies more accessible for global investors and may encourage increased foreign investment into Taiwan, says BNY Mellon.