• Home
  • News
    • People moves
    • Africa
    • Asia
    • Australia
    • Canada
    • Caribbean
    • Domicile
    • Europe
    • Latin America
    • North America
    • Middle East
    • US
    • US
    • UK
  • Products
    • Funds
    • Pensions
    • Platforms
    • Insurance
    • Investments
    • Private Banking
    • Citizenship
    • Taxation
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Directory
  • Video
  • Advertise with us
  • Directory
  • Events
  • European Fund Selector
  • Newsletters
  • Follow us
    • Twitter
    • LinkedIn
    • Newsletters
  • Advertise with us
  • Directory
  • Events
    • Upcoming events
      event logo
      International Investment Nordic Forum 2021

      International Investment is delighted to announce the 2021 International Investment Nordic Forum which will take place on Tuesday March 9, at 9am (GMT). This curated virtual event will be broadcast live and will feature a series of fund manager interviews and presentations, as well as interviews with some of the Nordic regions top fund selectors.

      • Date: 09 Mar 2021
      • ONLINE, ONLINE
      View all events
  • European Fund Selector
International Investment
International Investment

Sponsored by

Sharing Alpha
  • Home
  • News
  • Products
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Video

Ashmore unveils China funds

  • Viola Caon
  • 01 September 2014
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  

After obtaining the RMB Qualified Foreign Institutional Investors (RQFII) status by the China Securities Regulatory Commission (CSRC), Ashmore has launched three Sicavs on the Chinese market.

The funds aim at offering a range of investment opportunities:

Related articles

  • Heptagon fund paves the way to China
  • Pictet launches onshore Chinese Debt fund
  • Pictet launches onshore Chinese Debt fund
  • Ashmore becomes first direct investor in China
  • Ashmore Chinese Debt Fund: seeks to access returns available from a strategy of Chinese debt securities issued by Sovereigns, Quasi Sovereigns and public and private sector Corporates denominated in RMB and traded on the China Interbank Bond market and or the China exchange traded bond market
  • Ashmore Chinese Equity Fund: investing in Chinese A-shares listed on the Shanghai and / or Shenzhen stock exchanges
  • Ashmore Chinese Multi-Strategy Fund: generating returns from a balanced strategy of the two above strategies

The launch of the new funds has relied on Ashmore’s close relationship with both Northern Trust, who provide all aspects of Fund Administration in Luxembourg, and HSBC who will act as the onshore sub custodian. A strong, tri-party relationship was essential to the successful delivery of this unique proposition.

Christoph Hofmann, Ashmore’s global head of Distribution commented: “China is not only the world’s second largest economy, it is also one of the most difficult to access, with local markets having been largely inaccessible to foreign investors.  The launch of these funds changes this dramatically. Investors now have unparalleled access to local Chinese securities and these funds provide investors the opportunity to invest in one of the most dynamic markets in the world.

“Domestic Chinese equities and fixed income assets are significantly under-represented in most global portfolios and these funds will allow our clients to make dedicated investments in China and suitably diversify their asset allocation.”

Jan Dehn, head of Research, discusses, “China is in the midst of a storming change as it transforms itself from an export to a domestic-led economy. We believe China’s aggressive appetite for reform and forward-looking policies will place the country in a very strong position to grow in the future. We think the transformation of the Chinese economy will be especially positive for the domestic bond market which will play a central role macroeconomic policy. China’s domestic bond market is one of the largest in the world and is set to become increasingly accessible to investors outside of China.

“Local Chinese equities have been hit by poor investor sentiment amidst slower growth but we believe this has created a buying opportunity. Valuations are depressed, Chinese indices remain around 75% lower on a price-to-earnings basis compared to pre-crisis peaks and P/BV multiples are at near decade lows. This is despite a strong expected earnings recovery and the country’s strong fiscal position which means there’s huge firepower to stimulate growth if necessary.”

 

Hamburg

InvestmentEurope is delighted to announce the Autumn Pan-European Fund Selector Summit , to be held on 15-17 October, 2014 in Hamburg

Click here for further details: http:// http://www.investmenteurope.net/events/

 

 

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
  • Topics
  • Ashmore
  • China
  • HSBC
  • Northern Trust
  • Société d'investissement à capital variable (Sicav)
Back to Top

Most read

Duff & Phelps opens Gibraltar office
Duff & Phelps opens Gibraltar office
Brexit deals hefty blow to City but industry is ready to fight back
Brexit deals hefty blow to City but industry is ready to fight back
Comment: Are cryptocurrencies the new gold?
Comment: Are cryptocurrencies the new gold?
FSCS warns industry of £1bn compensation bill
FSCS warns industry of £1bn compensation bill
Dubai regulator to develop cryptocurrency framework
Dubai regulator to develop cryptocurrency framework
  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Policies
  • Careers
  • Twitter
  • LinkedIn
  • Newsletters

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017
Loading