
China Southern Asset Management is a subsidiary of the China Southern Airlines Group, one of the largest airlines in the world. China Southern Asset Management is a leading asset management company in China.
The company was established in 2008 to provide asset management services to the China Southern Airlines Group and other clients. It has since grown to become a major player in the Chinese asset management industry.
China Southern Asset Management focuses on investment products such as equity, fixed income, and alternative investments.
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Company Overview
China Southern Asset Management is a leading asset management company in China, established in 1994 as a subsidiary of China Southern Airlines. It has a long history of providing investment services to its clients.
The company has a strong presence in the Chinese market, with a network of branches and sub-branches across the country. China Southern Asset Management has a large team of experienced professionals who provide investment advice and management services to its clients.
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China Southern Asset Management offers a wide range of investment products, including mutual funds, exchange-traded funds, and private funds. These products cater to the diverse investment needs of its clients, from conservative to aggressive investors.
The company has a robust risk management system in place to ensure that its clients' investments are protected. This system involves careful analysis and monitoring of market trends and economic conditions.
China Southern Asset Management has a strong commitment to its clients, providing them with personalized service and support. This commitment is reflected in the company's high client satisfaction ratings.
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Funding and Operations
China Southern Asset Management is a subsidiary of China Southern Airlines, one of the largest airlines in the world. It was established in 2006 to manage the airline's assets and investments.
The company's main goal is to generate returns on the airline's surplus funds by investing in various assets, such as stocks, bonds, and real estate. This helps to reduce the airline's financial risk and increase its profitability.
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China Southern Asset Management has a significant presence in the Chinese financial market, with a total asset value of over 100 billion yuan. This makes it one of the largest asset management companies in the country.
The company's investment strategies are focused on long-term growth and stability, with a emphasis on low-risk investments that can provide steady returns. This approach has helped the company to achieve an average annual return on investment of over 10%.
China Southern Asset Management has a team of experienced professionals who are responsible for managing the company's investments and operations. The team includes investment analysts, portfolio managers, and risk management specialists who work together to make informed investment decisions.
The company's operations are overseen by a board of directors, which includes representatives from China Southern Airlines and other major stakeholders. This ensures that the company remains accountable and transparent in its operations and decision-making processes.
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Investment Strategies
China Southern Asset Management offers a variety of investment strategies to cater to different needs and risk tolerances.
Their investment strategies include a focus on long-term growth, with a goal of achieving returns that outpace inflation.
The company's investment approach is built around a mix of active and passive management, allowing for flexibility and adaptability in changing market conditions.
China Southern Asset Management also offers a range of asset allocation options, from conservative to aggressive, to suit individual investors' risk preferences.
Launches ESG Fund
China Southern Asset Management has just launched its first environmental, social and governance (ESG)-themed fund, marking a significant move into sustainable investing.
The company waited over a year to introduce the fund, taking time to integrate the ESG concept into its investment research system. This fund is a response to the growing adoption of ESG investing criteria in China.
The fund targets both institutional and retail investors and is managed by Hui Zhang, who says it's aimed at capitalising on the growing adoption of ESG investing criteria in the country. China has made it mandatory for all listed companies and bond issuers to disclose ESG risks associated with their operations by 2020.
The China Southern ESG Theme Equity Fund screens out companies from industries such as tobacco and porn and uses financial analysis and big data to identify quality ESG-compliant firms listed in China for long-term value creation. This approach aims to promote social responsibility.
There are now 32 ESG-themed funds in China, with 21.64 billion RMB (US$3.08 billion) of combined assets, according to figures from fund advisory firm Morningstar.
Investments and Acquisitions
China Southern Asset Management has been actively investing in various companies, showcasing a strategic approach to growth. They made an investment in Zhongke Yihai Microelectronics Technology in January 2023.
One notable investment is with ATCC, which was made in July 2022. ATCC was founded in 2017, the same year as Zhongke Yihai Microelectronics Technology.
Beijing Zhuohe Technology, founded in 2021, is another company that caught their attention, with an investment made in January 2022.
China Southern Asset Management seems to focus on supporting companies in their early growth stages, as evidenced by their investments in relatively young companies like ATCC and Beijing Zhuohe Technology.
Here's a quick rundown of their recent investments:
Market Presence
China Southern Asset Management has a significant market presence, with its parent company, China Southern Airlines, being one of the largest airlines in the world.
The company has a strong network of over 200 domestic and international routes, making it a major player in the Chinese aviation industry.
China Southern Asset Management's assets under management have grown steadily over the years, reaching a total of 1.2 trillion CNY in 2020.
This growth is a testament to the company's ability to adapt to changing market conditions and investor needs.
Its investment products cover a wide range of asset classes, including stocks, bonds, and alternative investments.
China Southern Asset Management's investment team has a proven track record of delivering strong returns to investors.
The company's commitment to innovation and risk management has enabled it to navigate the challenges of the investment landscape effectively.
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Frequently Asked Questions
Who are the shareholders of China Southern Asset Management?
China Southern Asset Management's main shareholders include Huatai Securities Co., Ltd. (41.16%) and Shenzhen Investment Holdings Co., Ltd.
How many asset managers are there in China?
There are over 110 licensed asset managers in China. This growing number reflects the country's expanding financial industry and investment opportunities.
Sources
- http://asianclub.mit.edu/southern-amc
- https://www.asiaasset.com/post/22971-china-southern-am-1218
- https://en.wikipedia.org/wiki/China_Southern_Asset_Management
- https://tracxn.com/d/companies/china-southern-asset-management/__O_tuWEAXhUSW8tkBuJu7SVKPnkHjlqwBbkgNMBJHzAU
- https://www.regulationasia.com/tag/china-southern-asset-management/
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