Seeking Sustainable Alpha in China Equities: Active vs Passive

InvesTAO China Alpha Webinar Series
This document is for institutional investors only
Panellist(s)China Universal Asset Management, InvesTAO
Date30 June 2020

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Expanding global index inclusion has made a huge impact on China equities. More China index funds and ETFs are emerging with the aim of institutionalising the stock market. Can this trend indicate that active investment is losing its lustre in emerging and fast recovering China? What are the current fund flows while markets are embracing the new pathway to globalisation?

In this webinar, together with Xiaoxiang Chen, the cross-border CIO and an award-winning manager of China Universal AM, and Carmen González-Calatayud, the Head of ETF Capability of HSBC Global Asset Management, InvesTAO invites you to discuss:  

  • Current landscape of active strategies in China
  • Development and outlook of passive equity strategies in China

What’s the best way to capture sustainable Alpha in China going forward?


C. Allegra BERMAN
Global Head of Institutional Sales & Global Co-Head of Securities Services, Markets & Securities Services, HSBC

Since 2018, Ms Berman has been a Co-Head of HSBC’s Securities Services business, with some USD7.7 trillion of assets under custody. She also manages global institutional sales of all markets products as a Member of the HSBC Global Banking & Markets Executive Committee. Prior to joining HSBC, Ms Berman spent 12 years at UBS in positions including the Global Head of Public Sector Fixed Income and the Vice Chair of Global Capital Markets.

Xiaoxiang (Kevin) CHEN
CIO of Cross-Border Investment, China Universal Asset Management

Mr Chen has 19 years of investment expertise and a proven record of an annualised return of 20.28%* (Jan 2009 – Jan 2016) of his flagship China A-share fund of CUAM, a USD 113bn China equity expert. With his compelling skills in industry analysis and bottom-up stock selection since joing CUAM, he continues to share and promote China Alpha opportunities as the cross-border CIO.
*Past performance is not indicative for future results.

Carmen González-Calatayud
Head of ETF Capability, HSBC Global Asset Management

Carmen joined HSBC in 2012 and served as a Director and Senior Product Specialist for Beta Strategies (incl. ETF). Prior to that, she held senior positions in Bank of America Merrill Lynch. Carmen serves as a director at the HSBC ETF plc fund board and a Board Member of the Women in ETF EMEA Chapter, and chairs the EFAMA ETF Task Force.