A interview with HSBC Investment Management Asia Pacific Chief Executive Officer Rudolf Apenbrink. HSBC Jintrust Fund is actively preparing for the launch QDII business.

GUANGZHOU (Fund China) – HSBC Investment Management Asia Pacific Chief Executive Officer Rudolf Apenbrink recently in Shanghai for a visit, said that China will be the next global asset management industry in the most rapidly growing one of the A-share market is still optimistic about the medium and long-term prospects. And that was after regulatory approval, HSBC Jintrust Fund companies will soon launch QDII business, for which the company is actively preparing.

Rudolf Apenbrink that, “Although China now HSBC Investment Management in a share of the global business also very small, but the growth rate was quickly. In time, China will become a global business HSBC Investment one of the regions with the largest proportion. “HSBC Asset Management (Hong Kong) to present in the Asia-Pacific management of asset size over 60 billion US dollars, including joint venture companies HSBC Jintrust Fund management companies in the Chinese mainland in the management of nearly 1.5 billion US dollars of assets.

Rudolf Apenbrink that the Asian region (excluding Japan) market in the next 5-10 years will surpass the performance of developed markets in this region are still attract a lot of capital flows in Europe. While talking about the A-share market, the area to marvel that, despite the recent tightening policy could lead to short-term market adjustment, but strong economic growth and abundant capital inflows, revaluation of the renminbi, purchase and management of the company and encourage the implementation of the plan, and so will in the long term become a strong factor supporting the market .

When asked if the market is a great concern, the issue of H shares post, Rudolf Apenbrink said that the price differential in part because China’s capital controls as well as domestic and international investors caused by different views. A-shares and H shares will eventually reduce the shortfall. But as long as the A-share and H-share market barriers to capital flows still exist, including the issue of the exchange rate system, as well as with the company’s A-share and H-share price differential is normal. With the relationship between the two markets and capital flows more closely to improve access to long-term, the price difference will be reduced.

He emphasized that the overseas market with a very rich investment opportunities, China’s QDII business for local investors provided another excellent investment channels and effectively decentralized the investment risk. “We believe that the QDII products will attract large part of local investors, which helped the single market investors reduce investment risks. HSBC has the world market and the investment experience, it’s also for a joint venture fund management company providing management HSBC Jintrust QDII products great advantage. HSBC voted in management of internal funding, spent a lot of time and energy to get in the investment pattern, perspective and comprehensive information exchange. HSBC Jintrust all major companies to invest in Hong Kong team members completed a comprehensive training projects, and overseas and local investment team to maintain daily conference call to exchange views. another, HSBC Jintrust to us QFII Fund and HSBC China Dragon Fund has provided professional support. “

Copyright Fund China 2009.

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