Insights
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.