Bosera Asset Management Co., Limited. is a Chinese asset manager. The company is headquartered in Shenzhen and has offices in Beijing, Zhengzhou, Shenyang, and Chengdu.
As of 2020, Bosera is the eighth largest asset manager[2] and third largest Fund Management Company by AUM in Mainland China after China Asset Management and E Fund Management.
Bosera currently manages over US$200 billion.[3]
History
Bosera was one of the first five fund management firms to be incorporated in Mainland China, founded in 1998.[4][5]
In July 2024, Reuters reported that Bosera capped the annual income of its staff to 2.9 million yuan and demanded clawback for anything more than that amount in the previous year, in line of the common prosperity agenda promoted by Chinese leader Xi Jinping.[6]
Corporate affairs
Bosera currently employs 598 employees.[7]
Bosera's investment strategy is generally centered around fundamental analysis powered by their own internal research.[5] The firm's clients include the National Social Security Fund of China.[8]
Bosera Asset Management (International), a subsidiary of Bosera based in Hong Kong, is a RMB Qualified Foreign Institutional Investor and in 2014, partnered with KraneShares to list the first ETF in the United States incorporate to Chinese A-Shares, through Stock Connect.[9][10]
In 2018 The Southern Bosera Fund Tower, a 42 floor Skyscraper designed by Austrian architect Hans Hollein, was completed and serves as their headquarters in Shenzhen, China.[11]
In July 2024, it was announced that Bosera debuted an exchange traded fund that tracks an index of major listed Chinese companies owned by the central government, the first of its kind on the Hong Kong Stock Exchange.[12]
External links
References
- World's top 500 managers' assets grow 14.5% www.asiaasset.com^
- emilyemilychan. China Top 30 Asset Managers (2021) ATC Initiative, retrieved 2022-06-27^
- Bosera Fund Management Ltd. (Bosera Asset Management) - Asset Manager, China SWFI, retrieved 2022-06-27^
- Michael Firth, Chen Lin, Hong Zou. Friend or Foe? The Role of State and Mutual Fund Ownership in the Split Share Structure Reform in China The Journal of Financial and Quantitative Analysis, 2010^
- Bosera Funds-Company Overview www.bosera.com, retrieved 2022-06-27^
- Samuel Shen. Exclusive: Big Chinese fund managers cap pay, claw back excess in 'common prosperity' push, sources say Reuters, 24 July 2024, retrieved 1 February 2025^
- 博时基金-员工结构 Bosera Funds, retrieved 2022-06-27^
- Bosera Funds Portfolio Investments, Bosera Funds Funds, Bosera Funds Exits www.cbinsights.com, retrieved 2022-06-27^
- kba-notches-another-first-in-latest-index-change nasdaq.com, retrieved 27 June 2022^
- Nancy Qu. Bosera AM changes strategy of China A50 ETF Fund Selector Asia, 2021-02-01, retrieved 2022-07-06^
- SBF Tower www.architectmagazine.com, retrieved 2022-07-06^
- Roxanne Liu. Bosera launches China state-owned enterprise ETF in Hong Kong Financial Times, 2024-07-18, retrieved 2024-07-18^