Hong Kong property investors have better channels than real estate mutual funds to gain exposure to the sector.

Hong Kong property investors have better channels than real estate mutual funds to gain exposure to the sector.
The mainland joint ventures of First State, HSBC and Invesco are among the firms awaiting approval for Hong Kong equity funds, which the regulator is said to have halted due to concern over a surging Hong Kong stock market, local media reported.
Eastspring’s strategy searches for Asia’s small and “unloved” companies while M&G’s product takes on infrastructure investing.
Northbound funds under the Mutual Recognition of Funds (MRF) recorded weak sales performance in October, falling from a 13-month peak, according to data from the State Administration of Foreign Exchange.
The CEO of Swiss bank Julius Baer, Boris Collardi, will join Pictet in Geneva as partner to co-head the firm’s global wealth management business, according to a statement from Pictet.
Economic growth, undervalued currencies and stable to higher commodity prices position EMD well against potential headwinds, according to Marcelo Assalin, head of emerging markets debt.
2018 could be a break-out year for China, as the country’s economy is propelled by rising consumption, according to Rick Lacaille, global CIO of SSGA.
FSA compares two MRF-approved China mixed-assets funds: the HSBC Jintrust Dynamic Strategy Fund and the Invesco Great Wall Core Competence Mixed Securities Fund.
The inclusion of RMB-denominated bonds in leading global indices will be a turning point for the onshore bond market, following the pattern of the Stock Connect, said Ivan Chung, an associate managing director at Moody’s Investors Service.
In 2018, Value Partners’ fund manager Frank Tsui is bullish on the technology and consumer sectors across greater China with a preference for larger names.
Part of the Mark Allen Group.