Foreign Funds: how to Access China
However, there are challenges for foreign funds due to a lack of distribution channels, limits on the types of assets they can trade through the Qualified Foreign Institutional Investor program, and local players' continued domination.
Discussion topics:
- Chinese hedge fund industry policies and dynamics
- How foreign funds can access China
- Funds' challenges before, during and after launching in China
- Tech stack elements to consider when expanding into China
Speakers
Chang Shu
Chief Asia Economist
Bloomberg L.P.
Chang Shu is the Chief Asia Economist for Bloomberg Economics. She previously worked as senior economist at the Bank for International Settlements and Hong Kong Monetary Authority. Her publications span analysis of the yuan and cross border linkages in Asian financial markets.
Yueya Liu
Director, WFOE Relationship Managers
CITICs
14 years working experience in client relationship management in both Global and local Custodian banks. Before join CITICs, She has been working for JP Morgan, State Street and Agricultural Bank of china servicing QFII, QDII. The client mainly covered top insurance companies, commercial banks and overseas QFII investors.
Jonathan Chee
Head, Fund Administration
CLSA Fund Services (Asia) Limited
Jonathan is the Head of Fund Administration in the Asia Pacific region for CLSA Fund Services (Asia) Limited (“CFSAL”). He has spent more than 13 years in the Fund Administration industry, covering investor services, fund accounting, implementation, relationship management and business development. Before CFSAL, Jonathan has worked in leading global and regional administrators, namely SS&C GlobeOp, Citco, Citibank, HSBC and Maples in Singapore and Hong Kong.
Alvin Fan
Director and Chief Executive Officer
OP Investment Management Ltd.
Alvin Fan is the Director of OP Investment Management (Cayman) Limited and Chief Executive Officer of OPIM, responsible for the company’s overall strategy. He has over 15 years’ experience in finance and strategy - spanning across managerial, private equity, and fund of funds. Alvin was previously Director of Incubated Funds and Head of Investor Relations at OP Financial Investments Ltd, a Hong Kong listed Investment Company, where he was responsible for monitoring the company’s portfolio of public equity investments. Prior to joining OP, Alvin was previously working in private equity focused on distressed assets and property. Alvin received his Master’s degree in Business Administration from the Ivey School of Business (University of Western Ontario) in 2006.
Matthew Bradbard
Director
RCM Alternatives
Matthew Bradbard serves as a Director at RCM Alternatives and as a China Consultant. In the US, Matt’s main focus is helping investors gain access to suitable Managed Futures strategies, building customized portfolios, and vetting prospective strategies for allocation. Matt also works with traders to identify solutions from an execution and clearing perspective. Matt has lead RCMs China team for the last 4 years and is an integral part of RCMs expansion into China. To date, Matt and his team have taken 9 Western CTAs to market in China, established a WFOE in 2018, consulted with investors and traders about China access via WFOE, QFII and TRS schemes. Thus far, over 700mm rmb of Mainland capital has been deployed via Market Signal Agreements with 15 different China Capital partners and RCM has connected its OMS to 3 Mainland China ISVs. Matt has been in the business since 2001, previously managing his own IB for 5 years and running his own CTA strategy.
MARK SONG
Sales Specialist
Bloomberg
Mark Song is a sales specialist with Bloomberg ETS covering electronic trading solutions for onshore clients. Prior to Bloomberg, he has been working for several global trading houses including Sucden, Cargill and Noble group.
Tracy Yang
Head of Enterprise Sales Mainland China
Bloomberg L.P.
Tracy Yang heads the strategies, sales, and business operations of Bloomberg in Mainland China. She leads the Bloomberg Terminal business, the most trusted financial data, news, and analytics platform for investors and professionals globally, and sales teams covering a wide range of financial institutions, corporations, and education institutions in Beijing, Shanghai, Shenzhen. Tracy joined Bloomberg in 2010. Prior to current role, she was in charge of Electronic Trading Solutions and Workflow Specialists team. Further prior to these, she headed Bloomberg Northern China Sellside team, servicing banks, regulators, and corporations with analytical, research, trading, order management solutions for multi-asset investment. Tracy is a 20-year veteran in finance industry. Before Bloomberg, she was in Citi, Thomson Reuters, China CITIC Bank, familiarized with various front to back business in banks and gained insightful understandings about their requirements for data and information technology. Tracy received her Master's degree in Business Administration, Finance, from Hofstra University, and holds CFA and FRM certificates.
Minna Zhou
Sales Account Manager of Hedge Fund, Family Office & Private Equity
Bloomberg