News

'Pivotal moment' for China's insurance rules

Family_insuranceRegulatory intervention is set to transform China's insurance industry to the benefit of established, well-managed incumbents. The prediction, from an equity manager, observes that China's wealth and insurance industries are at an early stage of growth in which competition for assets is cut-throat. “We see regulatory change in the China insurance industry as being at a pivotal moment,” said Yu Zhang, portfolio manager of the Matthews Asia ex Japan Dividend Fund. “Government regulators are keen to reduce potential systemic risk posed by smaller life insurance players who are aggressively grabbing market share without adequate risk management process.” Zhang predicts the competitive landscape will improve for life assurance companies, which will no longer be obliged to focus on fast growth at the expense of dividend payments. ©2017 funds global asia

Executive Interviews

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.

INTERVIEW: Making a name

Apr 18, 2018

Formed by a merger in 2012, Old Mutual Global Investors was little-known in Asia. Carol Wong, managing director for Asia-Pacific, is changing that. She talks to George Mitton.

Roundtables

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.

HONG KONG ROUNDTABLE: a long-term project

Jun 09, 2018

Our panel discussed robo-advisers, ETF Connect, and why the mutual recognition of funds (MRF) scheme will take time to develop. Chaired by George Mitton in Hong Kong.