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Komfie Manalo, Opalesque Asia:

One way to bring international money to China is for the country to adopt international regulatory standards, said Kenny Li, CEO of Sino-Foreign joint venture firm Quattro Quant, during the latest Opalesque China Roundtable.

Li told delegates that there are already rumors that the Asset Management Association of China's (AMAC) registration in China will be on par with Hong Kong’s Securities and Futures Commission registration in a few years. He said, "I see the Hong Kong regulator already putting in efforts to encourage cross-border amalgamation of all of the regulators. It’s more like a 'one world regulation’ kind of idea. I think in the case of Hong Kong, the US, UK, and Japan, any bad practice can be caught because the regulators are connected. It will be at least several years before China's regulations catch up. This is the major barrier for international money investment in Chinese private securities funds."

Currently, QFII and cross-connect are the only available channels for foreign funds to invest in Chinese stocks and bonds. However, Li said that with a further opening of China's economy to foreign investors in the future, there will also be strong demand for local, experienced managers with expertise in the CSI 500, ChiNext and even the New Third Board.

Li observed that sub-advising is becoming a more popular way to leverage the exp......................

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