China is a 'significant opportunity' for asset managers as AUM soars

clock • 2 min read
China is a 'significant opportunity' for asset managers as AUM soars

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...

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