Fund industry fintech is ready to collaborate

FinTechDisruptive financial technology companies in China and India are collaborating with other players as they develop online fund distribution methods. The emphasis on partnerships suggests asset managers could accelerate their distribution in the region by choosing the right partner, says consultancy Cerulli Associates. “In China, financial and non-financial players are moving toward collaboration and looking for synergies,” said a statement by the firm. “Fintech players such as Ant Financial, Tencent, and peer-to-peer lenders Lufax and Dianrong are even spreading their wings and forming partnerships in Asia.” India, meanwhile, has a range of online fintech services in the funds business, thanks in part to support from the regulator, the Securities and Exchange Board of India, which has backed online distribution. “Even in the midst of competition, collaboration remains the name of the game,” said the Cerulli Associates statement. “Asset managers therefore need to stay abreast of developments and look out for the right partnership opportunities.” ©2018 funds global asia

Executive Interviews

INTERVIEW: Giving peace a chance

Jan 11, 2019

As US-China tensions escalated in 2018, the leaders of the two economies met in Buenos Aires to agree a truce. Aidan Yao, senior emerging Asia economist at Axa Investment Managers, talks to Romil...

INTERVIEW: Operational challenges

Jun 09, 2018

Caroline Higgins of Northern Trust tells George Mitton about A-share inclusion, ETF Connect and why Cayman funds predominate in the region.



Jan 11, 2019

Changes to regulation, US-Sino trade tensions and further steps by China to open its capital markets were some of the topics discussed by our panel. Chaired by Romil Patel in Hong Kong.

SINGAPORE ROUNDTABLE: Optimism versus caution

Oct 23, 2018

The impact of financial technology, developments in Asian passporting and the promise of new markets in Thailand were among the topics discussed by our panel. Chaired by George Mitton in Singapore.