Daily Management Review

UBS, Invesco, J.P. Morgan lead China's top foreign fund managers rating


04/23/2019


As China is opening up access to its huge financial market to foreign players, several foreign firms are going up, according to CNBC.



Urbanrenewal
Urbanrenewal
UBS, Invesco and J.P. Morgan topped the annual rankings of Shanghai-based consulting company Z-Ben Advisors, which on Monday introduced the top 25 foreign fund managers in China. Data was collected as of December 2018. Companies were evaluated in three areas of activity: domestic, outgoing and incoming investments.

Swiss UBS, which has been investing in China for 20 years, won the first place in the list of the best foreign fund managers for the second year in a row.

The UBS ranking is followed by Invesco, J.P. Morgan, Schroders, BlackRock and Fidelity.

Invesco ranked second ahead of UBS in the category of internal asset management businesses.

As for inward investment, Fidelity International became the leader among stock managers, ahead of BlackRock.

Division J.P. Morgan Asset Management remained the leader in the Chinese outbound investment industry, Z-Ben reported.

This year's ratings also showed that the gap between the six best foreign fund managers and 19 others is growing.

Critics say that the opening of China’s financial markets to foreign players is still too slow. In practice, they said, efforts to ensure that foreign companies have equal conditions with local firms face many challenges.

source: bloomberg.com






Science & Technology

Airbus: Passenger hybrid aircraft to take off before 2035

Ocado To Introduce ‘Mini Robotic Warehouse’ With Standard Productivity

AB InBev’s Piled Up Alcohol Is ‘Too Good to Waste’

Ericsson Mobility forecasts nearly fourfold increase in mobile traffic by 2025

Elon Musk: We received 146,000 orders for Cybertruck

Google turns the screws on political ads

Apple to come up with AR glasses

WEF: Big data regulation becomes a problem

Israeli Firm Accused Of Spying By WhatsApp, Lawsuit Filed Against It

Google Used Quantum Computer To Solve Complex Problem

World Politics

World & Politics

Protests in France gain the greatest scale since 2010

Massive blackout unfolds in Venezuela

French And Russian Presidents To Discuss The Moratorium On Missiles In Europe

EU adopts budget for 2020, more funds allocated to climate change fight and innovation

Israeli prime minister indicted in three criminal cases

Argentina finds a way to pay off IMF loan

Sweden closes Assange rape inquiry

Has Chile Put All Its Eggs In One Basket To Turn Towards Renewable Energy?