Sector or thematic products accounted for nearly a quarter of the net redemptions in equity funds sold in Hong Kong during the first half this year.

Francis is editor for Fund Selector Asia, covering the asset and wealth management industry in Asia. He joined Last Word Media in November 2016 as a senior journalist and became deputy editor in 2019. Previously, he was a reporter at Ignites Asia, A Financial Times service, also covering the region's asset management industry. He has a Master's degree in journalism from The University of Hong Kong.
Sector or thematic products accounted for nearly a quarter of the net redemptions in equity funds sold in Hong Kong during the first half this year.
Other managers that have launched FMPs in the Lion City this year include Aviva Investors, Credit Suisse, Legg Mason and Schroders.
FSA compares two Asean products: The Barings Asean Frontiers Fund and the Fidelity Asean Fund.
Net inflows this year drive VP Bank’s AUM; BNY Mellon IM hires key sales role for GBA; Portfolio management changes in MFS’ global total return strategy; Hedge fund redemptions continue; and more…
However, in the SAR, sustainable investing is still all about returns.
The market segment is believed to be underserved by boutique wealth managers.
The firm has launched a second version of the fixed maturity product (FMP) it debuted in July.
Asia’s regulators, more than private banks, have been driving ESG-focused investing, though the latter have started to make ‘less formal’ inquiries.
Sydney-based Raiz Invest aims for expansion in Southeast Asia, but does not have any intentions of tapping the Hong Kong and Singapore markets.
Capital Group bolsters digital capabilities; Merian hires from T Rowe; Apac ETF assets surge; Asifma launches Wechat account for Chinese users; and more…
Part of the Mark Allen Group.