Insights
Will agentic AI end offshore securities services hubs?
Agentic AI is reshaping securities services and challenging the long-standing model of large offshore operations hubs. As global custodians redesign their operating models, they must balance automation with regulatory compliance, cyber resilience, data localisation and human oversight, while enabling faster settlement, lower risk, and more specialised, AI-enabled global capability centres.
China’s fund industry reshapes
China's US$4.4 trillion mutual fund industry is facing a historic shake-up. Sweeping fee reforms, the rise of passive investing, and explosive growth of money market funds are forcing an industry-wide consolidation. A new market hierarchy is emerging where winners leverage scale and digital expertise, while vulnerable players face an existential threat.
A new dawn for Chinese quants
China’s quant industry faced a perfect storm of challenges over the past few years due to wild market volatility and tightened regulatory restrictions, leading to significant drop in total AUM and fund closures. The emergence of DeepSeek, created by High Flyer Quant, has reignited confidence in quant strategies and redefined possibilities.
Up close with ChatGPT
ChatGPT is showing us a glimpse of the power of generative artificial intelligence, which will revolutionalise to all industries.
China’s rising quants
China’s onshore quant funds have topped 1 trillion RMB (US$130 billion) in total assets under management since June this year. But what’s even more striking is that these funds have increased their total assets by nearly ten-fold over the past four years. They came under the spotlight recently when a top regulator called attention to the potential risks.