ICI Global signs up new members
21 June 2013
News, Asia, Hong Kong
By Asia Asset Management
CSOP Asset Management Ltd, Fullgoal Asset Management (HK) Ltd, Haitong Asset Management (HK) Ltd, and E Fund Management (HK) Co Ltd have joined the membership of ICI Global, a trade organisation focused on regulatory, market, and other issues for global investment funds, their managers, and investors.
The organisation’s further, rapid growth follows the opening of ICI Global’s office in Hong Kong on May 1, specifically focusing on the fast-growing Asia-Pacific region. The office is led by Qiumei Yang, executive vice president and head of Asia Pacific for ICI Global. She came to ICI Global from the Hong Kong Stock Exchange, where she served as head of Mainland development. Ms. Yang’s career also includes ten years at the China Securities Regulatory Commission (CSRC).
“Voices from the Asia-Pacific region’s dynamic, diverse markets should be fully included in the transnational dialogue shaping regulatory efforts worldwide,” said Ms. Yang. “The growth of fund use by Asian investors is spurring an extraordinary expansion of the asset management sector across the region, including in China. It’s natural that fund managers would share more information and insights, and shape a common stance on pressing policy issues. ICI Global is an important vehicle for convening and communicating their views.”
ICI Global’s membership includes approximately three-dozen firms worldwide, and include Asia-based members China Asset Management (Hong Kong) Limited, China Universal Asset Management, HuaAn Asset Management (Hong Kong) Ltd, and Nikko Asset Management Co Ltd.
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