As part of market-opening reform of its capital markets, China lifted the ownership limits for overseas asset managers allowing these companies to offer products directly into the retail market. With US$16 billion to US$17 billion of assets under management, it represents one of the world's biggest business opportunity of the decade.
The Asset speaks with Stewart Aldcroft, chairman, Cititrust, who shares his insights on the how China's asset management industry is likely to develop into the future.
