日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Hedge-fund firm Bridgewater to launch private securities in China

By Zhu Lingqing | chinadaily.com.cn | Updated: 2018-07-05 15:00
Share
Share - WeChat

Bridgewater (China) Investment Management Co Ltd, a Shanghai-based subsidiary of the world's largest hedge-fund firm Bridgewater Associates, received a Private Securities Investment Fund Manager (PFM) license from the Asset Management Association of China on June 29, according to a report by 21st Century Business Herald.

On the same day, the PFM license was also granted to British investment management firm Winton Group.

Both of the firms are expected to launch their first private securities products for qualified institutional and high-net-worth individual investors in China after six months.

The inclusion of Bridgewater takes the number of foreign asset management institutions that have won approvals to raise funds and sell assets in China to 13. And eight of them have already issued private securities in the Chinese market.

The external challenges such as trade friction between US and China have not stopped large global hedge funds' pace of entering China.

"With the increasing wealth of Chinese residents, more and more overseas hedge funds have begun to raise funds from institutional investors and rich people in China in order to offset the impact of the slowdown in European and American markets," Rich Herman, managing director of asset allocation at investment company BB&T, told 21st Century Business Herald.

Herman said China's economic transformation and steady growth trend, coupled with the two-way fluctuation of yuan's exchange rate, let those companies see new investment opportunities.

"Most large funds keep an optimistic attitude toward China's economic growth and they have increased the asset allocation of RMB," Herman said.

On June 6, Bridgewater, the world's largest hedge-fund that manages about $160 billion, shocked the global financial market with its comment - "We are bearish on almost all financial assets".

Greg Jensen, Bridgewater's co-chief investment officer, said "We are bearish on financial assets as the US economy progresses toward the late cycle, liquidity has been removed, and the markets are pricing in a continuation of recent conditions despite the changing backdrop."

A person who is familiar with Bridgewater's investment operation told 21st Century Business Herald the company's bearish attitude toward American securities would not influence its optimism on investment opportunities in emerging markets such as China.

Expanding its investment business in Chinese market has been Bridgewater's high priority, the report said.

In March 2016, the company established its subsidiary in China Pilot Free Trade Zone in Shanghai with a registered capital of 50 million yuan ($7.5 million). And last September, Bridgewater unveiled its plans to create an onshore, all-Chinese version of its All Weather risk-parity strategy for investors in China and applied for the PFM license.

Herman said the approval of Bridgewater's private securities business in China will bring a "role model effect" to other large global funds' business expansion in China.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 亚洲欧美日韩中文字幕在线不卡 | 精品一区二区三区自拍图片区 | 色综合99 | a视频在线看 | 人人做人人爽人人爱 | 北京一级毛片 | 久久99视频| 国产精品亚洲视频 | 中文字幕综合在线观看 | 成人免费看黄网站yyy456 | 亚洲精品国精品久久99热 | 亚洲第一第二区 | 久久综合伊人 | 精品国产乱码久久久久久牛牛 | 欧美成人手机在线视频 | 无码人妻精品1国产婷婷 | 毛片在线免费观看完整版 | 国产乱码精品一区二区三区中 | 天天操天天舔 | 偷拍自拍视频在线观看 | 2021中文字幕亚洲精品 | 黄在线 | 精品亚洲一区二区三区四区五区 | 99久久99| 亚洲欧美日韩在线观看播放 | 久草在线在线精品观看 | 欧美亚洲国产色综合 | 国产麻豆剧传媒精品网站 | 蜜桃视频一区二区三区 | 亚洲热线99精品视频 | 免费毛片在线视频 | 成人在线免费小视频 | 国产三及片 | 国产 日韩 欧美 高清 | 色噜噜狠狠狠狠色综合久不 | 欧美亚洲国产一区 | 久在草视频 | 亚洲精品久久久久久中文字幕小说 | 热99在线视频 | 亚洲国产成人av好男人在线观看 | av一级毛片 |