Best-performing funds neither stray far from their benchmarks nor stay too close to them, but take the middle-road, according to FSA’s
analysis of Asia-Pacific ex-Japan equity mutual funds.
Author Archives: Fund Selector Asia
Italy’s UBI Banca sells down stake in China AM firm
Italian bank Unione di Banche Italiane reduced its stake in Zhong Ou Asset Management to 25% from 35%, by transferring shares to 11 members of the firm’s management.
Two ex-senior CSRC officials await prosecution
The China Securities Regulatory Commission’s former vice chairman Yao Gang was charged with corruption, according to the Central Commission for Discipline Inspection (CCDI), an anti-graft body.
MRF inflows from mainland investors stay strong
Despite a slight drop in assets, inflows into the five Hong Kong funds available for sale in the mainland through the MRF remain robust.
HEAD-TO-HEAD: Invesco vs iShares
FSA compares the Invesco Korean Equity Fund with iShares MSCI Korea Ucits ETF, the largest of Korea equity ETFs, which have outperformed all active funds in the past year.
Research notes of the week – 17 July 2017
FSA presents a selection of research commentary released this week.
China AMC’s rat trading case revealed
For a second time this month, Chinese state media disclosed details of a case involving insider trading at a mutual fund house. This time China Asset Management is involved.
In case you missed it – Markets and Funds News Updates
Value Partners names Yu Xiaobao as head of China business; UBP’s operating expenses increase due to Coutts Asia integration; Blackrock’s ETF assets breach $1.5trn mark; Cerulli expects global mutual fund assets to hit $100trn by 2020; Singapore’s fintech association rolls out a comprehensive fintech directory; BofAML sees global fund firms allocate more to Japanese equities; Australia launches its first stewardship code for fund firms; and more…
HK regulator inks cooperation pact with UK
The Securities and Futures
Commission signed an agreement with the UK’s Financial Conduct Authority (FCA) to strengthen cross-border regulatory cooperation.
China’s robo-advisor Xuanji expands overseas
Xuanji, a Beijing-based robo-advisor, announced plans to launch a fully automated portfolio service in Asia, its first foray outside China.
