At least 80% of the Chinese wealth manager’s sales came from fixed income products during the third quarter, according to the quarterly results report.
Category: Fund news
DBS: Fund selectors seek qualitative talks
Banks are now looking more at the qualitative aspects of fund products and not just performance, according to industry sources.
Au: ETFs struggle in inefficient HK market
King Au, CEO at Value Partners Group, said ETFs listed in Hong Kong are unattractive to investors because they do not have the advantages of liquidity and low cost.
A look in the portfolios of best and worst China funds
Midea Group, Agricultural Bank of China and Kweichow Moutai are three companies held predominantly in well-performing China equity funds, while Tencent Holdings is held by many poor performers.
AMAC lashes out at fund marketing gaffe
The Asset Management Association of China (AMAC) sharply criticised an online fund marketing campaign launched by an Alibaba wealth management arm and involving 16 fund managers.
Study: HK fund industry shows slight improvement
Both Hong Kong and Singapore have no fund investment tax but carry some of the highest fund fees globally, according to the Global Fund Investor Experience (GFIE) study by Morningstar.
The best and the worst funds – September 2017
China ETFs have joined actively-managed funds as the top performers over the past three years.
Malaysia’s fund industry AUM surges to $179bn
Malaysia’s fund industry has grown assets 8.86% this year to RM 758bn ($179bn), according to Zainal Izlan Zainal Abidin, Securities Commission Malaysia’s managing director for development and Islamic markets.
China’s private fund industry hits $1.51trn
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).
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.
