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CGS-CIMB Securities Welcomes Chinese Fund Houses with Assets Under Management of approximately RMB 8.1 Trillion to Singapore, Malaysia and Thailand - PR Newswire APAC - 美通社

Reported by Enmobile
Nov 7, 2022· 2 min read
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Key Takeaways
  • • CGS-CIMB Securities hosted a five-day business visit for five Chinese fund houses collectively managing approximately RMB 8.1 trillion in assets, with twelve delegates representing major Asian asset managers including Fullgoal, Bosera, China Universal Asset Management, and CSOP Asset Management.
  • • The delegation visited CGS-CIMB offices across Singapore, Malaysia, and Thailand, positioning the initiative as part of broader China–ASEAN economic connectivity and capital market integration efforts.
  • • CGS-CIMB Securities operates as a joint venture between China Galaxy International Financial Holdings Limited (a subsidiary of China Galaxy Securities) and CIMB Group, leveraging a presence across 20+ countries to facilitate cross-border investment flows and Asian capital market access.
  • • The engagement aligns with CGS-CIMB's strategic vision to establish itself as Asia's leading financial gateway, offering Chinese institutional asset managers diversified investment options across multiple asset classes in Southeast Asian markets.
Summary
CGS-CIMB Securities International recently completed a structured five-day business visit hosting five prominent Chinese fund houses with combined assets under management of approximately RMB 8.1 trillion. The delegation comprised twelve representatives from major Asian asset management firms, including Fullgoal Asset Management (HK) Limited, Bosera Asset Management (International) Co., China Universal Asset Management (Hong Kong) Company Limited, and CSOP Asset Management Limited. The visit centered on CGS-CIMB offices in Singapore, Malaysia, and Thailand, reflecting the firm's regional footprint across Southeast Asia.

The initiative serves a dual strategic purpose: promoting China–ASEAN economic relations and capital market connectivity while simultaneously expanding distribution channels for CGS-CIMB's investment solutions. During the engagement, the Chinese fund houses were presented with a comprehensive array of investment opportunities spanning multiple asset classes across the three visited markets. This represents a deliberate effort to attract substantial institutional capital flows from Chinese asset managers into ASEAN capital markets.

CGS-CIMB Securities operates as a joint venture between China Galaxy International Financial Holdings Limited—a wholly-owned subsidiary of China Galaxy Securities Co. Ltd.—and CIMB Group Sdn Bhd. The firm maintains operational presence across more than 20 countries and positions itself as an integrated financial services provider with specialized capabilities in Asian markets. The company emphasizes deep market research, regional expertise, and a customer-centric approach to delivering investment solutions for both retail and institutional clients.

This delegation visit underscores the strategic importance CGS-CIMB assigns to capturing institutional asset flows from mainland China into Southeast Asian markets, particularly as Chinese capital seeks geographic diversification and compliance with evolving regulatory frameworks. The engagement of such large asset managers—managing RMB 8.1 trillion collectively—signals the potential scale of capital allocation decisions at stake and reflects broader trends of Chinese institutional investors expanding their regional footprint within ASEAN economies.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Enmobile CGS-CIMB Securities Welcomes Chinese Fund Houses with Assets Under Management of approximately RMB 8.1 Trillion to Singapore, Malaysia and Thailand - PR Newswire APAC - 美通社