26 foreign private equity companies sing more A-shares and 78 products are actively deployed

26 foreign private equity companies sing more A-shares and 78 products are actively deployed

Our reporter Wang Ning

A few days ago, the China Securities Investment Fund Industry Association (hereinafter referred to as the "China Foundation") released data showing that as of March 20, a total of 26 wholly foreign-owned and joint venture private equity securities investment fund managers have registered, with 78 products on file, and the asset management scale 7.88 billion yuan, of which 10 managers were qualified to provide investment advice services.

"Securities Daily" reporter was informed that during the epidemic, foreign-funded private equity managers ran smoothly, communicated actively with investors, and were full of confidence in China's capital market.

Since the outbreak of the epidemic, a total of two foreign-invested private equity managers have registered, with a newly added record of nearly 600 million yuan, and one manager has been qualified to provide investment advice services.

Some private equity investors in foreign countries said that during the epidemic, there were some challenges in product issuance and fund raising, and in serving investors, but the overall operation was good. "The active release of new products for the record during the year is a firm optimistic view of the Chinese capital market and will not change the layout of the Chinese market due to the impact of the epidemic."

Product record scale is nearly 600 million yuan

According to the data of the China Foundation, as of now, a total of 26 wholly-owned and joint venture foreign-funded private placements have registered 78 securities products, and the asset management scale has reached 7.88 billion yuan. During the epidemic, foreign-funded private equity companies ran smoothly, communicated actively with investors, and were full of confidence in China's capital market. Since the outbreak of the epidemic, the registration of two foreign-invested private equity managers has been completed, with an additional record of nearly 600 million yuan, and one manager has been qualified to provide investment advice services.

The reporter was informed that in the early stage of the epidemic, foreign private equity managers started the BCP (Business Continuity Planning) mechanism, conducted risk assessments, deployed crisis management, emergency response and recovery plans, and tested and expanded the system in advance during the Spring Festival. Remote staff, and deploy epidemic prevention materials for employees to ensure their health. Up to now, the investment, operation and customer service of foreign private equity funds have been carried out steadily, without being affected by the epidemic.

Some foreign-funded private equity managers have said that although affected by the overall epidemic, there have been certain challenges in product collection, internal communication and investor services, but they have not been significantly negatively affected. Foreign-funded private equity managers also innovate investor service methods through regular online communication and online strategy analysis meetings, and increase communication with investors to ensure that product operations are not affected. During the epidemic period, some managers encountered positive conditions such as the successful completion of the first product collection and the net purchase of products.

Most foreign-invested private equity managers said that they are actively preparing for new product launches and studying localization strategies for overseas strategies. Their firm confidence in the Chinese government's various opening policies and the Chinese capital market will not change, and its strategy for China's deployment will not change. Changed due to temporary outbreak.

Foreign private equity management exceeds 460 billion yuan

The reporter also learned that as of the beginning of January this year, a total of 302 foreign holdings or shares in private equity, venture capital fund management or private equity investment fund management institutions were registered as private equity fund managers with the China Foundation and a total of 1151 private equity funds were filed. , With a total size of approximately 461.506 billion yuan, of which 223 foreign-funded private equity fund managers have filed a total of 610 funds with a total size of approximately 323.010 billion yuan; 79 private equity fund managers with foreign equity have filed a total of 541 funds with a scale A total of about 138.496 billion yuan.

These institutions cover the major Asian markets such as the United States, the United Kingdom, Europe, etc .; their business includes global well-known comprehensive asset management institutions such as Fidelity, BlackRock, UBS, Aberdeen Standards, and Invesco. Various unique asset management service providers such as Mai, Ying Shiman, Fu Dun, and other well-known hedge funds such as Bridgewater and Yuansheng.

In addition, investment strategies include both traditional strategies such as stocks and fixed income, as well as emerging strategies such as quantitative hedging and futures derivatives. More and more internationally renowned asset management institutions have expressed a strong willingness to exhibit in China. The level of foreign capital participation in the private equity sector has steadily increased, and the opening up of the private equity market has gradually shown its vitality. It is becoming an important driving force for the development of the private equity industry. (Securities Daily)