Schroders and Neuberger Berman have both expressed a positive outlook on the Chinese market in connection with the announcement of a management change. A leading product from Schroders Fund Management is undergoing a manager adjustment. On May 20, Schroders Fund Management announced its intention to transfer the management of three of its mutual funds to Neuberger Berman Fund Management and has submitted the relevant application to the securities regulator. Neuberger Berman concurrently announced its intention to take over a portion of Schroders' public fund products. The disclosure indicates that the three funds Schroders plans to transfer are the Schroder Hengxiang Bond Fund, the Schroder China Momentum Equity Fund, and the Schroder Tianyuan Pure Bond Fund. The company stated that if the change application is approved, Neuberger Berman will concurrently take on some of the core investment personnel associated with the transferred funds. An informed source indicated that this transfer does not signify Schroders' exit from China but is merely one component of the group's overall strategic adjustment. Schroders Fund Management also noted in its announcement that the adjustment is part of the group's global strategic realignment, and the group remains committed to long-term investment in the Chinese market. According to Schroders China's official website, the company currently manages a total of eight fund products, including Schroder Hengxiang Bond A, Schroder Tianyi Bond A, and Schroder China Momentum Equity A, established between 2023 and 2025. Furthermore, Wind data shows that as of May 20, the public fund assets under management by Schroders China amount to nearly 1.7 billion yuan. According to the aforementioned statistical scope, as of now, the public fund assets managed by Neuberger Berman China have reached 16.258 billion yuan, with a total of 38 fund products. At the time of disclosing the aforementioned change, both Schroders and Neuberger Berman expressed confidence in the Chinese market. Schroders stated that the Chinese market holds significant opportunities, and the Schroders Group is committed to the long-term development and success of the Chinese market and will continue to deepen its presence there. Neuberger Berman indicated that the assumption of the relevant fund management business is based on the Neuberger Berman Group's continued positive outlook on the long-term development prospects of China's capital market and represents a strategic move by the group to deepen its business layout in China.