China represents a significant opportunity for asset managers, according to Cerulli Associates' latest report, 'Global Markets 2021: Continued Growth in Uncertain Times.' Assets under management in China grew 34.0% in 2020 and net inflows increased 21.8% year-on-year, highlighting a huge opportunity for managers that can capitalize on it. Cerulli's research showed that the Chinese fund market had an impressive 2020, with net revenues rising 37% year-on-year. This growth was supported by strong local equities—the MSCI China recorded a 29.7% return last year, exceeding its 23.7% retu...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes