Both Hong Kong and China domiciled funds sold in the cross-border scheme collected assets in April, SAFE data shows.

Both Hong Kong and China domiciled funds sold in the cross-border scheme collected assets in April, SAFE data shows.
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.
Hong Kong’s Securities and Futures Commission (SFC) has authorised BEA Union Investment to launch an Apac fixed income product structured as an “open-ended fund company” (OFC).
The US-based firm has prepared four SFC-approved products for launch.
In March alone, $7bn in capital fled fixed income products, particularly from global and Asia-focused bond funds.
Foundation AM’s China high yield strategy aims to provide an annual income target of 8.5%.
The firm is betting that the fiscal stimulus provided by central banks will support investment grade corporate bonds.
This week FSA presents a quick comparison of two Hong Kong dollar fixed income products: the BEA Hong Kong Dollar Bond Fund and the JPMorgan Provident Stable Capital Fund.
As other firms warn on impending defaults, the Asian high yield fund gets approval for retail sale.
Architas started to offer its funds in the SAR and Singapore in 2018.
Part of the Mark Allen Group.