For the first time since March this year, investors in Hong Kong pulled money out of southbound funds.
Category: Hong Kong
T Rowe adds distribution partner in Hong Kong
It will be the first time that the firm has partnered with an insurer in the SAR.
Fubon AM to launch FMP in Hong Kong
So far, it is the only SFC-authorised fund that the firm is managing in the SAR.
More firms to launch Hang Seng Tech ETFs
Firms will have to be competitive in terms of how they price their products, according to a Hang Seng IM’s CEO.
Hong Kong’s investors add risk
Retail investors in the SAR expect double-digit returns as many shift to riskier assets despite Covid-19, according to a global survey.
Vanguard leaves Hong Kong
The US asset manager will close its Hong Kong ETF business and move its regional HQ to Shanghai.
Hong Kong’s PB, WM assets up 19% in 2019
Assets sourced from family offices and trusts grew nearly 90% during the year.
Hong Kong fund sales slump
Net outflows from retail fund sales in Hong Kong in the first half of the year were greater than during the global financial crisis, according to HKIFA data.
MRF northbound funds attract $100m in H1
Separately, Hong Kong investors have poured money into southbound products for the fourth consecutive month.
CSOP AM preps its first ETF in Singapore
The firm will also make use of the new variable capital company (VCC) framework for the fund.
