Asset ManagerRIA · CRD 170206SEC-Registered

Updated:

CSOP Asset Management

CSOP Asset Management, led by Ding Chen, operates the largest RQFII ETF platform providing global institutions access to China's A-share market.

CSOP Asset Management

CSOP ASSET MANAGEMENT LIMITED is an SEC-registered investment adviser in CENTRAL since 2014. The firm manages $25.9 billion in assets, with $25.8 billion on a discretionary basis. It has 145 employees and 24 investment advisers.

General information

Firm type

Asset Manager

Year founded

2008

AUM

Undisclosed

Location

Region

Asia

Country

Hong Kong

City

Central

Corporate office

Hong Kong

Principals

Ding Chen

CEO

Sector focus

ETFsChina A-SharesFixed Income

Frequently asked questions

Who runs investment decisions at CSOP Asset Management?

CEO Ding Chen oversees the firm's strategic direction and product development. Individual portfolio management teams handle index-tracking and replication strategies for each ETF, with the investment process governed by rules-based methodologies tied to the underlying indices rather than discretionary stock-picking.

Is CSOP Asset Management a state-owned entity or an independent asset manager?

CSOP is a Hong Kong-incorporated asset manager with minority ownership stakes held by mainland Chinese financial institutions. The firm operates independently with its own management team and investment committee, though its RQFII license and quota allocations are granted by Chinese regulatory authorities including the China Securities Regulatory Commission.

How does CSOP's ETF structure differ from direct A-share access via Stock Connect?

CSOP's RQFII ETFs use an offshore RMB pool to physically replicate mainland-listed A-shares, eliminating the need for investors to open onshore brokerage accounts or navigate Stock Connect's northbound quota mechanics. This structure also allows institutional investors without direct China custody relationships to gain exposure through standard Hong Kong Exchange ETF trading and settlement.

Does CSOP manage any non-ETF mandates?

Yes. Beyond its public ETF shelf, CSOP manages segregated mandates for sovereign wealth funds, central bank reserve managers, and select institutional clients seeking customized A-share or fixed income exposure. These mandates are not publicly listed and their terms are not disclosed.

Which sectors does CSOP explicitly avoid?

CSOP does not run concentrated credit funds, private equity vehicles, or venture capital strategies. The firm has no known exposure to direct real estate investing, distressed debt, or commodity futures beyond what is embedded in its index-tracking equity and fixed income products.

How is CSOP related to the China Southern Asset Management group?

CSOP Asset Management was originally established as the Hong Kong subsidiary of China Southern Asset Management, one of mainland China's largest mutual fund companies. China Southern retains a minority ownership interest, but CSOP operates as a legally separate Hong Kong-licensed entity with its own governance and regulatory reporting obligations to the Securities and Futures Commission of Hong Kong.

What is CSOP's known posture on co-investments alongside external asset managers?

CSOP does not operate a co-investment platform or syndication desk alongside external general partners. The firm's model is product-based, issuing Hong Kong-listed ETFs; it does not invite external allocators into direct deal-by-deal co-investment vehicles in the manner of a private equity platform.

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