Assets in China’s private fund industry have grown 21% this year and reached RMB 10.21 ($1.51trn) as of the end of August, according to data from the Asset Management Association of China (AMAC).
Category: Fund news
BMO eyes more bond ETFs in Hong Kong
ETF adoption is slower than expected in Hong Kong, but the region is ripe fozsr more fixed income ETFs, according BMO GAM.
Value Partners in fund distribution pact with Forbes
Hong Kong’s Value Partners has formed a strategic partnership to distribute funds with media company Forbes, which is branching into financial services.
Which China funds had the largest net flows?
Aberdeen, Eastspring and Janus-Henderson were the most successful in attracting new assets to Greater China equity funds so far in 2017, according to fund flow data from Morningstar.
HK to conduct review on fund industry’s tax concerns
The Hong Kong government will be conducting a comprehensive review of the existing tax concessions applicable to the fund industry, according to Paul Chan, Hong Kong’s financial secretary.
A look at the mechanics of fixed income funds
Capital Group’s fixed income portfolio managers as well as analysts make investment decisions for the portfolio under the watch of the principal investment officer, according to Jeremy Cunningham, investment director.
Is widely-held Samsung a risk for EM funds?
About 61% of all emerging market funds are holding positions in Samsung, according to an Evestment report. Any company misstep could have a widespread impact.
ICI: Tax neutrality would help stalled fund passport scheme
Broadening fund distribution channels and providing tax neutrality will help the delayed Asia Regional Funds Passport (ARFP) scheme progress, says ICI Global.
T Rowe Price to launch bond funds in HK
The firm received authorisation from the Securities and Futures Commission to sell four fixed income funds in Hong Kong, according to records from the regulator.
Alternatives fund targeting elite whisky raises $12m
The Whisky Investment Fund, a first of its kind launched in Hong Kong in 2014, has exceed its initial target of $10m, according to a statement from the fund.