Published by Wanda Rich
Posted on December 5, 2023
China Asset Management Co., Ltd. Recognized with Two Key Accolades in the 2023 Global Banking & Finance Awards®
China Asset Management Co., Ltd. (ChinaAMC) continues its streak of excellence. For the fourth consecutive year, Global Banking & Finance Review has recognized ChinaAMC as the “Asset Management Company of the Year” in China for the 2023 Global Banking & Finance Awards®. Additionally, they were honored with “The Next 100 Global Awards 2023 – Asset Management” for the second year in a row, a testament to their industry leadership. These accolades highlight ChinaAMC’s steadfast dedication to innovation, leadership, and superior performance in the asset management sector.
ChinaAMC’s achievements can be attributed to its steadfast leadership and unparalleled expertise in asset management. Since its founding in April 1998, ChinaAMC has been a trailblazer in China’s asset management realm. Boasting assets under management (AUM) of USD 263 billion as of September 30, 2023, the firm caters to a vast clientele of 216 million retail and 240,000 institutional investors.
A major contributor to ChinaAMC’s leadership is its dominant presence in the domestic equity ETF market, which stands at 21.5% as of September 30, 2023. This market position, reinforced by a robust research wing of 280 professionals, sets them apart.
What further distinguishes ChinaAMC is its commitment to sustainable corporate governance. As the inaugural Chinese asset manager to endorse the UN-supported Principles for Responsible Investment, ChinaAMC is at the vanguard of integrating ESG principles into their investment practices. Their ongoing dialogue with global counterparts and push for improved ESG disclosures accentuates their vision of a responsible financial ecosystem.
Commenting on the accolades, Wanda Rich, editor at Global Banking & Finance Review, said, “ChinaAMC’s repeated wins highlight their dedication to excellence, innovation, and pioneering leadership in asset management. Their strategic initiatives, focus on sustainability, and relentless dedication to clients truly set them apart.”
The Global Banking & Finance Awards® are known for showcasing the world’s most dynamic, innovative, and visionary businesses. Awardees exemplify outstanding strategy, dedication, leadership, and client-focused solutions. These awards not only acknowledge past achievements but also predict the transformative future these businesses pave for their industries.
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