OREANDA-NEWS. June 30, 2016. China's recent economic slowdown has attracted significant attention from investors: GDP growth in the country decreased from 10.6% in 2010 to 6.9% in 2015. However, this is still a very healthy rate. International asset managers should keep their sights set on China: In fact, asset management opportunities in China continue to grow, nurtured by strong long-term economic fundamentals, increasing sophistication and deregulation, as well as positive cross-border trends. In their new study, "China: The new frontier for foreign asset managers", Roland Berger experts predict that the market assets will double in volume by 2020 to USD 8.5 trillion. Moreover, the demand for Chinese onshore products from global investors is expected to grow 34% a year, reaching a volume of USD 934 bn in 2019 (based on a 2013 to 2019 compound annual growth rate, CAGR).
"Foreign firms need to position themselves to secure their share of the pie," said Alain Le Couedic, Partner at Roland Berger. "Faced with historically low yields, many Chinese investors are looking for new investments."
According to the report, Chinese investors are willing to shift their portfolio toward riskier asset classes such as stocks. As a result, the volume of outbound investment is on the rise as well, a sweet spot for global asset managers. Especially among affluent Chinese the demand for offshore investments will grow by 8% annually and rise to more than USD 1.5 trillion by 2019 (based on a 2013 to 2019 CAGR).
Комментарии