The Principal BRIC Emerging Economies Fund is among SFC-authorised funds to be terminated due to their small asset size.
Category: Fund news
Fund selectors turn to index-trackers
Fund selectors in Hong Kong, Singapore and Bangkok told FSA in a survey that they would allocate more of their assets to index-tracking products in the next 12 months.
Fund selectors show lower interest in China
Fund selectors in Hong Kong, Singapore and Bangkok show diminishing interest in buying Chinese equities, according to Fund Selector Asset Class Research data.
China’s fund managers benefit from bank-backing
China’s bank-backed fund management firms saw higher net profit growth in 2016 than those without bank affiliations, according to a study by Cerulli Associates.
HK and France agree mutual recognition of funds
Hong Kong’s Securities and Futures Commission (SFC) and France’s Autorité des Marchés Financiers (AMF) have signed a memorandum of understanding linking their mutual fund markets.
Blackrock’s flagship China ETF now physical
Blackrock’s iShares FTSE A50 China Index ETF loses its “synthetic” label and acquires a renminbi counter.
Alibaba fund lifts China’s total AUM
The Yuebao money market fund had inflows of RMB 623.5bn ($91.8bn) in the first half of 2017 thanks to its 4% yield, according to mainland media.
Best and worst funds – June 2017
UBS, Allianz, Schroders, Blackrock and Castlestone have funds that are among the best and the worst performers in June 2017.
Morningstar adds and removes best China funds
The fund research firm has added three funds from HSBC, E Fund and Yinhua to its list of best Chinese onshore funds either awaiting approval or approved for sale through the MRF.
ETFs among China’s top performers
FSA looks at top performing China equity funds and finds that half of them are ETFs.
