JP Morgan AM boosts Chinese A-Share capabilities

Plans to dominate asset management coverage of the shares

JP Morgan Asset Management (JPMAM) is laying the groundwork to boost its research capabilities in Chinese equities in efforts to dominate the asset management industry's coverage of the market, ahead of the inclusion of another 235 companies in the MSCI Emerging Markets index.

The two-stage process of the ‘A-Share' inclusion will begin in May and has already inspired flows of $20bn into Chinese shares, according to BNP Paribas research. MSCI's big China decision: Have authorities done enough to open up A-shares? The move will mean all passive funds tracking such indices will have to buy A-shares and follows the introduction of the Shanghai- and Shenzhen-Hong Kong Stock Connect programmes, which launched in November 2014 and December 2016 respectively, to open up the domestic market.  Speaking to the FT, CIO of emerging markets and Asia Pacific equities a...