Asset owners to retain low China allocations

With less than a week before MSCI announces whether it will include A-shares in its emerging-market equity indexes, Asian institutional investors are cautious about Chinese assets, citing concerns about the country’s financial system, such as its high and rising debt levels. Speaking on the sidelines of the Financial Times’ Investment Management Summit in Hong Kong last week, three asset owners separately told AsianInvestor that their overall China exposure was not huge and they d…