China's Biggest Money Managers China's asset management market is ballooning at breakneck speed-an expansion that is clearly reflected in Institutional Investor's 2007 China 20, a ranking of the country's biggest asset management firms. This year's top firms collectively manage nearly $105 billion, a spike of more than 75 percent over the previous year's total. Sizable inflows from Chinese investors and rocketing stock prices have contributed to this unprecedentedgrowth, which is only expected to continue.
How the Ranking Was Compiled Institutional Investor's annual ranking identifies China's top 20 fund managers by assets. The ranking, compiled by Associate Editor WeiQing Lu under the guidance of Senior Editor Jane B. Kenney, is based on a variety of sources, including questionnaires filled out by the institutions themselves. II refined this data through follow-up faxes, e-mails and telephone calls. When official data were unavailable, II obtained figures from Web sites and other public sources. All figures are in millions of dollars and are as of December 31 2006, unless otherwise noted. Figures were converted to dollars using year-end 2006 exchange rates. (Not included in the ranking is China's National Council for Social Security Fund, with year-end 2006 assets of $41.9 billion. Some of its assets are included in the totals reported by individual firms that manage portfolios for the fund.)