Fewer than a dozen mutual fund managers have an explicit ESG product, according to Z-Ben Advisors.
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Fewer than a dozen mutual fund managers have an explicit ESG product, according to Z-Ben Advisors.
Both Hong Kong and China domiciled funds sold in the cross-border scheme collected assets in April, SAFE data shows.
The previous general manager has left the firm.
After three-months in the market during the spread of the coronavirus, an ESG fund from NN Investment Partners and China Asset Management has been announced.
Other markets in Asia shed fund assets this year, but China’s retail mutual fund industry recorded net inflows, according to Amac data.
This week FSA presents a quick comparison of two Hong Kong equity products: the BOCHK Hong Kong Equity Fund and the HSBC GIF Hong Kong Equity Fund.
The US asset manager has applied to China’s regulator for a licence to access the country’s retail investor market.
Despite headwinds in China’s tech industry, the firm has a tilt toward internet, healthcare, 5G and electronic component makers.
The move comes after the firm decided earlier this year to put on hold plans of developing its businesses in China and Hong Kong as the coronavirus outbreak was peaking in the mainland.
Effective June, QFII and RQFII quota restrictions will be lifted.
Part of the Mark Allen Group.