Nancy Qu, Author at Fund Selector Asia

CSOP AM to roll out Hang Seng Tech L&I products

Six managers have launched ETFs tracking the index consisting of Hong Kong-listed technology stocks.

The platform includes two ETFs managed by Mirae Asset and Haitong International.

Sales of mutual funds during the third quarter reached RMB 14.05bn, up by 18.6% from the second quarter.

The firm is also targeting the retail investor base in the mainland via the MRF scheme.

The firm’s total AUM was also down 30%.

The only Italian foreign PFM licence holder now manages six onshore funds in China.

The firm has been active in launching new products, as well as targeting investors outside Hong Kong.

The app now includes 25 mutual funds managed by global, Hong Kong and Chinese asset managers.

The bank is now targeting Hong Kong investors with HK$5m.

The platform will have at least 600 mutual funds from 15 asset management firms in Thailand.