China Mutual Funds Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.20 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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China Mutual Funds Market Analysis
The China Mutual Funds Market is anticipated to register a CAGR of 3.2% over the next 5 years. China's mutual fund has seen rapid growth in the past few years. As of December 2022, total assets under management (AUM) in mutual funds reached 26.03 trillion yuan ($3.85 trillion), almost doubling the amount from three years earlier.
China's mutual fund industry has grown into the fourth biggest in the world, achieving major headway in serving the real economy and managing household wealth in recent years. The amount marked a 160 percent jump from the end of 2016 to the end of 2021 worldwide, when the industry's AUM ranked ninth globally.
The COVID-19 outbreak moderately affected the Chinese market for mutual fund assets. Customers took advantage of mutual fund offers through online platforms, as lockdowns in various areas negatively hampered consumer travel and disrupted businesses worldwide.
China Mutual Funds Market Trends
Growth of Stock or Equity Funds is Driving the Market
Chinese markets are also experiencing a shift in consumer attitudes towards financial instruments and away from holding individual stocks, real estate, and bank deposits. China's capital markets are experiencing a transformation, with global holdings of Chinese stocks and bonds already jumped by about US$120bn in 2021 and still growing rapidly to cater to the demands for new asset allocation and diversification.
Population demographics and wealth creation in China have not only led to domestic advances in the financial instruments available. Still, they have also had the knock-on effect of attracting more foreign investment to meet the needs of a growing and eager consumer base.
Growth in Mutual Fund Assets
Since 2013, China has consistently ranked second in the world for the value of assets owned by mutual funds. In 2021, the total net assets of China mutual funds were over 3.53 trillion dollars, a significant increase from the year before.
The asset size of the mutual fund (MF) industry increased due to the robust performance of the equity markets and net inflows to equity schemes. From 2018 to 2021, the China Mutual Funds industry experienced significant growth. Compared to 2018, the industry grew at a rate of 99.44 percent in 2021.
China Mutual Funds Industry Overview
The report includes an overview of MF companies operating across China. We wish to present detailed profiling of a few major companies, which cover product offerings, regulations governing them, their headquarters, and financial performance. Currently, some major players dominating the market are abrdn China A Share Equity, BlackRock China A Opportunities Fund, Matthews China Dividend Fund, AMG Veritas China Fund, and Add Company LinkNeuberger Berman Greater China Eq Fd.
China Mutual Funds Market Leaders
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abrdn China A Share Equity
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BlackRock China A Opportunities Fund
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Matthews China Dividend Fund
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AMG Veritas China Fund
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Neuberger Berman Greater China Eq Fd
*Disclaimer: Major Players sorted in no particular order
China Mutual Funds Market News
- Sep 2021: Neuberger Berman Group, an American asset manager, is the third foreign company to gain access to China's growing mutual fund market after the country's securities regulator granted its application to operate a wholly-owned mutual fund business on the Chinese mainland,
- April 2021: The SME Board was merged with SZSE's Main Board. The merger is an important measure adopted by SZSE to deepen the China'scapital market reform in all respects. It is of great significance for refining market functions, strengthening the foundation of the market, improving market activity and resilience, facilitating the market-oriented allocation of capital elements, and better serving national strategic development.
China Mutual Funds Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Industry Value Chain Analysis
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4.5 Industry Attractiveness - Porter's Five Forces Analysis
- 4.5.1 Threat of New Entrants
- 4.5.2 Bargaining Power of Buyers
- 4.5.3 Bargaining Power of Suppliers
- 4.5.4 Threat of Substitutes
- 4.5.5 Intensity of Competitive Rivalry
- 4.6 Insights on Industry Policies and Government Regulations
- 4.7 Insights on Various Types of Schemes or Funds Offered in China Mutual Funds Industry
- 4.8 Insights on Trends Disrupting the Market
- 4.9 Insights on Technological Innovations Shaping the Industry
- 4.10 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
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5.1 By Fund Type
- 5.1.1 Equity
- 5.1.2 Debt
- 5.1.3 Multi-Asset
- 5.1.4 Money Market
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5.2 By Investor Type
- 5.2.1 Households
- 5.2.2 Monetary Financial Institutions
- 5.2.3 General Government
- 5.2.4 Non-Financial Corporations
- 5.2.5 Insurers & Pension Funds
6. COMPETITIVE LANDSCAPE
- 6.1 Market Concentration Overview
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6.2 Company Profiles
- 6.2.1 abrdn China A Share Equity
- 6.2.2 BlackRock China A Opportunities Fund
- 6.2.3 Matthews China Dividend Fund
- 6.2.4 AMG Veritas China Fund
- 6.2.5 Neuberger Berman Greater China Eq Fd
- 6.2.6 Oberweis China Opportunities Fund
- 6.2.7 Goldman Sachs China Equity Fund
- 6.2.8 Eaton Vance Greater China Growth Fund
- 6.2.9 AB All China Equity Portfolio
- 6.2.10 Coloumbia Greater China Fund*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
** Subject To AvailablityChina Mutual Funds Industry Segmentation
The report's scope includes an understanding of the china mutual fund industry, regulatory environment, MF companies and their business models, detailed market segmentation, product types, current market trends, changes in market dynamics, and growth opportunities-in-depth analysis of the market size and forecast for the various segments. The China Mutual Funds Market is segmented by fund type (Equity, Debt, Multi-Asset, Money Market, and others), by investor type (Households, Monetary Financial Institutions, General Government, Non-Financial Corporations, Insurers & Pension Funds, and other financial intermediaries). The report offers market size and forecasts in value (USD Billion) for all the above segments.
| By Fund Type | Equity |
| Debt | |
| Multi-Asset | |
| Money Market | |
| By Investor Type | Households |
| Monetary Financial Institutions | |
| General Government | |
| Non-Financial Corporations | |
| Insurers & Pension Funds |
China Mutual Funds Market Research FAQs
What is the current China Mutual Funds Market size?
The China Mutual Funds Market is projected to register a CAGR of greater than 3.20% during the forecast period (2024-2029)
Who are the key players in China Mutual Funds Market?
abrdn China A Share Equity, BlackRock China A Opportunities Fund, Matthews China Dividend Fund, AMG Veritas China Fund and Neuberger Berman Greater China Eq Fd are the major companies operating in the China Mutual Funds Market.
What years does this China Mutual Funds Market cover?
The report covers the China Mutual Funds Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the China Mutual Funds Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
China Mutual Funds Industry Report
Statistics for the 2024 China Mutual Funds market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. China Mutual Funds analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
