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Showing 21 - 30 of 73 results for "China Fund"

AMP China Fund changes "too weak": unit holders

LAURA MILLAN  |  FRIDAY, 25 SEP 2015
The largest independent unit holder of the China Growth Fund (AGF) has labeled AMP Capital's effort to reduce the discount "extremely disappointing and too weak." LIM Advisors is directly contacting other unit holders of the fund as it considers that ...

AMP restructures China Fund to reduce discount

LAURA MILLAN  |  THURSDAY, 17 SEP 2015
In a bid to reduce the 20.4% discount on its China Growth Fund, AMP Capital has introduced key changes based on a review by Goldman Sachs. The changes include implementing a Shanghai-Hong Kong Stock Connect trading platform to increase the fund's liquidity. ...

China FTA gives Australia "first mover advantage"

LAURA MILLAN  |  MONDAY, 3 AUG 2015
The China Australia Free Trade Agreement (FTA) will give Australian financial services companies a competitive edge that their peers in the United States or Japan don't have. Speaking in front of the Parliamentary Joint Standing Committee on Treaties ...

Activist shareholders agitate AMP China fund

LAURA MILLAN  |  TUESDAY, 21 JUL 2015
Asian hedge fund manager LIM Advisors called for shareholder action to force AMP Capital to take steps to narrow the 26% discount on its China Growth Fund. LIM Advisors said it will call an extraordinary general meeting to take the matter to unitholders ...

China's surging funds management market

ALEX DUNNIN  |  WEDNESDAY, 17 JUN 2015
The surging Chinese stock market is retilting the balance of the global funds management market towards China much faster than anticipated. The Chinese stock market is expected to climb to US$10 trillion by the end of this year, driven by huge rises ...

AllianceBernstein set to launch three renminbi funds

MARK SMITH  |  WEDNESDAY, 17 SEP 2014
... profitability." AllianceBernstein has been managing dedicated China investment vehicles since 1998 when it launched the Greater China Fund (now known as the China Opportunities Fund). After receiving a Qualified Foreign Investment Institution (QFII) ...

$US5b irregularities at China fund, banks

AFP  |  FRIDAY, 20 JUN 2014
Irregularities amounting to more than $US5 billion ($A5.41 billion) have been found at China's sovereign wealth fund and two large state-owned banks, according to the state auditor, offering a glimpse into the opaque management of government-controlled ...

AMP Capital sets foot in China

LAURA MILLAN  |  MONDAY, 2 SEP 2013
AMP Capital has entered the China funds management space with the establishment of a joint venture with a local asset management company. AMP Capital will partner with China Life Asset Management, a subsidiary of China Life Insurance, the country's ...

AMP Capital appoints new Asian portfolio manager

MARK SMITH  |  THURSDAY, 14 MAR 2013
... utilities and healthcare sectors for the Pan Asia portfolio as well as consumer discretionary for the Asia ex-Greater China fund. Before joining AMP Capital, Peng spent three years as an investment analyst covering Asian equities at Ward Ferry Management ...

Quality could replace China volume-play

BEN COLLINS  |  THURSDAY, 25 OCT 2012
While China is regarded as the global powerhouse for manufacturing, demand for exports has declined in recent years, caused partly by economic slow downs and rising labour costs worldwide. While the volume story might be slowly winding down, companies ...