Opportunity knocks has been saved
How global asset managers can win in China
Regulators have opened up the Chinese asset management market to foreign players in recent years, but key challenges remain for those who want to build a profitable franchise in this market.
Foreign managers have long been enticed by the vast potential of the Chinese asset management market, but until recently have faced significant regulatory barriers. The “11 measures” introduced by Chinese regulators in 2019 made great strides in removing these barriers, and foreign asset managers can today, from a regulatory standpoint, access all client segments in the Chinese market.
However, while these regulatory barriers have been removed, foreign managers still face significant challenges when looking to enter the Chinese market. China remains a unique and strongly domestic market, and foreign managers need to navigate a wide range of challenges from unique investor preferences to a lack of distribution network.
Performance magazine issue 35, May 2021
Performance is a triannual digest, dedicated to investment management professionals, which brings you the latest articles, news and market developments from Deloitte’s professionals and clients.