China: Is a provincial approach the next big thing for funds?

A World Bank advisor and a member of the Chinese Academy of Science believe knowing your own back yard generates the best returns.

It doesn't really need to be repeated that China is a vast country. Or so you'd think.

But Pang Chung Ming believes that many foreign fund managers still don't get the message.

Foreign fund managers are invariably stationed in either Beijing, Shanghai or Hong Kong. They try to do all their due diligence from these three cities. But China is enormous, even more so when you take into account that traveling can still be something of an adventure. Consequently, their cost base is huge, he says.

Instead, Pang, who has had a distinguished career at the International Finance Corporation of the World Bank...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222