Ning Shu Xiao

Shanghai Jewellery Water Asset Management Co. Ltd. (SJWAM) is an independent investment adviser headquartered in Shanghai and was founded in 2014. SJWAM provides investment advisory services to individuals and institutional investors.

China Southern Asset Management Co., Ltd. (CSAM) is an independent Chinese fund management firm which was founded in 1998. Headquartered in Shenzhen, the firm launched China's first listed open-ended fund in 2004 and manages a range of close-ended and open-ended investment funds for institutional clients and private individuals. They are one of the investment managers selected by the Chinese government to manage an institutional mandate for the National Social Security Fund. In 2007, CSAM acquired QDII status (Qualified Domestic Institutional Investors) allowing them to invest in the overseas capital markets under the foreign exchange control system in China. They announced the launching, in cooperation with US-based Mellon Financial Corporation, of their first QDII investment fund in 2007.

Aegon-Industrial Fund Management Co., Ltd. (AIFMC), formerly known as Industrial Fund Management Co., Ltd., is a Chinese investment advisory firm which was founded in 2003 through a joint venture between China-based Industrial Securities Co. Ltd. (51 percent) and AEGON International BV (49 percent) (Euronext: AGN; NYSE: AEG) in The Netherlands. Headquartered in Shanghai, AIFMC manages a range of funds for individual and institutional investors. The firm is a socially responsible investor and signatory to the UN Principles for Responsible Investment (UNPRI) which integrates environmental, social, and governance considerations into their investment process.

HSBC Jintrust Fund Management Co. Ltd. (HSBC Jintrust) is a mutual fund management firm headquartered in Shanghai, China. The firm was founded in 2005 as a joint venture between HSBC Global Asset Management (formerly HSBC Investments UK Ltd.) and Shanxi Trust and Investment Ltd. HSBC Jintrust provides investment advice services and account management.

Caitong Securities Asset Management Co., Ltd. (CSAM) is the asset management subsidiary of the Province of Zhejiang’s Caitong Securities Co., Ltd. in China. Formerly known as Caitong Securities Brokerage Limited Liability Company, established in 1993, the firm changed their name to Caitong Securities Co., Ltd. in 2009. They are headquartered in Hangzhou with additional branches across China and provide a range of asset management services to individual and institutional clients.

Franklin Templeton Sealand Fund Management Co., Ltd. (FTS) is an independent Chinese fund management firm which was established as a joint venture between Templeton International, Inc. and Sealand Securities Co. in 2004. The firm is based in Shanghai and manages mutual funds, QDII products and provides investment management services for local clients.

Goldstate Capital Fund Management Co., Ltd. (Goldstate FMC) is an independent Chinese fund management firm which was established in 2006 as a joint venture between Goldstate Securities and Value Partners Hong Kong. In 2016 Value Partners sold their interest to Yunnan Jiutian Investment Holdings. Based in Shanghai, the firm manages a range of funds for individual and institutional investors.

Yinhua Fund Management Co., Ltd. (Yinhua) is an independent asset management firm headquartered in Beijing, China. Founded in 2001, Yinhua offers professional investment management services to a diverse clientele that includes financial institutions, social security fund, corporate pension schemes, high-net-worth individuals, and retail investors through mutual funds and segregated accounts.

SWS MU Fund Management Co., Ltd. (SWS MU) is the fund management subsidiary of Shenwan Hongyuan Securities Co., Ltd., ultimately held by Shenwan Hongyuan Group Co., Ltd. (SHE: 000166) in China. The firm was founded in 2004 as SYWG BNP Paribas Asset Management Co. Ltd., a joint venture between Japan-based Mitsubishi UFJ Trust and Banking Corp. and Shenyin & Wanguo Securities Co. Ltd. In 2011 the firm changed their name to SWS MU Fund Management Co. Ltd. after Mitsubishi UFJ Trust and Banking Corp. reached an agreement with BNP Paribas Investment Partners to buy a significant minority stake with Shenyin & Wanguo Securities Co. Ltd. retaining the remaining majority stake in the joint venture. Headquartered in Shanghai, SWS MU manages a range of open-end funds.

Penghua Fund Management Co., Ltd. (Penghua) is an independent Chinese investment management firm which was founded in 1998 to manage third party asset, principally through equities and fixed-income. In 2007 they set up a joint venture with Eurizon Financial Group (Intesa Sanpaolo), selling half of their capital to the Italian firm and Guosen Securities Co. Ltd. Headquartered Shenzhen, Penghua manages a range of mutual funds, including open- and closed-end funds, for institutional and retail investors.

Bank of China Investment Management Co., Ltd. (BOCIM) is a Sino-American fund management firm which was founded in 2004 as a joint venture between BOC International and Merrill Lynch Investment Managers. Formerly known as BOC International Investment Managers, the firm changed their name to Bank of China Investment Management Co. Ltd. in 2008 when the joint venture partners became Bank of China Co., Ltd. and BlackRock, Inc. Headquartered in Shanghai, BOCIM offers investment solutions to domestic and international institutions, as well as private individuals.

Yingda Asset Management Co., Ltd. (YDAMC) is an independent mutual fund manager headquartered in Beijing, China. The firm was founded in 2012 as Yingda Fund Management. YDAMC manages a variety of mutual funds for individual and institutional investors.