Manager Profitability

Profits in China's fund management industry, although rich, are typically very unequally distributed. In this report, we provide actual profitability breakdowns for the large minority of FMCs whose details are publicly available and estimate profitability (and its sources) for the rest. Factors affecting profitability such as public/private fund mixes, distribution arrangements and cost control are also analyzed in this report.

This report assists clients to:

• Understand key drivers of profitability (and year to year changes) in the Chinese market
• Benchmark both overall profitability and sources of profitability against competitors
• Forecast size and stability of profits when valuation assessments are being made

For more information, please contact us at info@z-ben.com.