Helping money managers develop understanding in China

April 26, 2023 rcm-alternatives 0 comment  Like
China and Asia, Market Commentary

Z-Ben Advisors’ recent rankings of the top firms engaging China provide invaluable insights into this crucial market. As China rises, Z-Ben helps money managers develop an actionable understanding of China’s dynamics, cutting through the hype.

Says Z-Ben’s MD,

“For most global players, the excitement of China as an opportunity now matches the hassle of getting in.”

Sentiment has shifted but facts haven’t – China remains essential for any serious player’s strategy.

Three thoughts stand out.

–First, reaching China’s vast market has high barriers, narrowing but still too much for most. This opens the door for those determined enough to step through. [Check out the original analysis here]

–Second, China’s integration into global finance accelerates, unleashing more cross-border cash and deals. China won’t – and can’t – be sidelined.

–Third, China requires choosing QFI, QDLP, WFOE or TRS, each with pros and cons for one’s aims. There’s no single “right” choice, but evaluating costs, control, compliance and complexity. Similarly, running Chinese money locally, regionally or globally produces three distinct plays.

The ranking also reflects how fundamentally China must factor into serious players’ ambitions. A rising China shapes the industry and its progress globally.

For those making China a priority, the potential rewards of active engagement far outweigh the headaches – that said, securing them demands patience, grit and teamwork. Success stems from grasping China’s logic, not forcing one’s own. And while China may not out-Muscle the U.S. tomorrow in the economy or finance, China’s time is arriving, remaking geopolitics and industry.

Navigating an opaque, complicated emerging market isn’t for the lighthearted or impatient. But for serious managers, China is the bridge to the future – and the future is China.

The road to China challenges, but the rewards make it worth traveling. Stay smart, stay nimble, keep going. The fate of firms and markets alike now rides on it.

Visit rcmalts.com/china to learn more about how we are building bridges to this crucial market.

 

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