The European opportunities for Chinese Asset Managers Roundtable

On 12 Dec 2019, ATC Initiative co-organized “The European opportunities for Chinese Asset Managers” Roundtable event in Shanghai with Standards Board for Alternative Investments (SBAI), Lujiazui Financial City and Shanghai Asset Management Association. The event took place in Wind Tower.

We are pleased to see 35+ senior industry leaders from China and international investment community participating in this discussion, on a variety of key topics in relation to the global fundraising for asset managers providing China market exposure.

At this high-level roundtable, Mr. ZHANG Yuxiang, Direct General of Shanghai Lujiazui Financial City Development Authority, delivered a warm welcome speech, positioning Shanghai as the perfect entry point for global institutional investors. Senior representatives from asset management firms such as China Universal Asset Management, Canadian Pension Fund Investment Corporation (CPPIB), Aberdeen Standards Investments, Galaxy Asset Management, Huatai-Pinebridge Fund Management, AXA Spdb Investment Managers, Guotai Asset Management, ABC-CA Fund Management, Huatai Securities Asset Management, Topfund Hongkong, and professional service organizations such as HSBC and Simmons & Simmons LLP joined the roundtable discussion.

During the roundtable, important themes were analysed and evaluated, including:1. Reality check of China’s leading Asset managers’ Europe Expansion in the past 10 years;2. The level of understanding and actual allocation of the Chinese market by investors of different European countries (UK, France, Switzerland and Germany);
3. An analysis of different types of investors in Europe (pensions, insurance companies, wealth management agencies and family offices) and their potential focus in and routes to China market;
4. Legal and regulatory problems encountered by China’s local asset management agencies in raising funds in Europe;
5. Main concerns and considerations for global investors in their due diligence of Chinese managers;
6. The opportunities and challenges brought by new development trends such as ESG and Fintech to Chinese managers’ European fund-raising.

With the acceleration of China capital market open-up and the strengthening of China Europe business links, China is constantly improving the business environment, encouraging more foreign companies to tap into China’s financial sector, and becoming more competitive, more innovative, more market-oriented and more customer-oriented.