Local Presence for Multinational Managers Invested in China – Key Takeaways

As China’s stock market is rapidly integrated into the global financial markets, it is critical for institutional investors to understand the operational benefits and challenges that investment managers face in that country. To get a better sense of this issue, I met with multinational managers in China last December and discussed the benefits and challenges […]

Emerging Markets and SOEs

One of the biggest differences between developed and emerging market equities involves the ownership structures of companies in the two areas. Most developed market companies, measured by index weight, are widely held with a dispersed investor base, according to MSCI. In comparison, the largest share of emerging market companies are state-owned enterprises (SOEs), in which […]