Insights
Asian sovereign funds: The new playbook
As Asian sovereign wealth funds’ total assets surged to US$6.1 trillion in 2025, the landscape has transformed significantly over the last decade as new entrants emerged, shifting their focus from merely saving wealth to actively building it. They are no longer just guardians of wealth; they have become architects of national destiny.
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.