The firm has hired another key executive to oversee the region following the appointment of Stella Kong, managing director for Greater China.

The firm has hired another key executive to oversee the region following the appointment of Stella Kong, managing director for Greater China.
Separately, Hong Kong investors have poured money into southbound products for the fourth consecutive month.
The asset management arm of CMBC in Hong Kong has an investment team focusing on Greater China equities and Chinese offshore bonds.
This week FSA presents a quick comparison of two China equity products: the ChinaAMC China Opportunities Fund and the First State China Focus Fund.
Funds launched during the first quarter had massive outflows in the second quarter.
Overall, ETF AUM across Asia (ex-Japan) fell by 0.8% during the first five months.
HSBC Global Asset Management (GAM) has appointed a new Chinese and HK equities chief and poached from Citic to strengthen its Shanghai joint venture.
China funds with small-cap mandates have performed better than indices and funds weighted with Chinese tech giants during this year’s Covid-19 induced market volatility.
Hong Kong alone accounts for nearly a quarter of the group’s net profits.
On the flipside, investors have continued to pour money into southbound funds.
Part of the Mark Allen Group.