The share of AUM in Malaysian sharia-compliant mutual funds has declined from the peak of 40.7% in March 2016 to 39.4% in March 2017, according to data from Morningstar.
Category: Fund news
Waverton: Massive ETF flows ‘distorting emerging markets’
Rapid inflows into emerging-market exchange-traded funds (ETFs) have distorted south-east Asian markets, according to Brook Tellwright, fund manager at Waverton Investment Management.
Private banking clients turn to ETFs
Exchange-traded funds (ETFs) are becoming clients’ tool of choice to gain targeted exposure to equity sectors, said Adam Cowperthwaite, Asia Pacific head of equity at Citi Private Bank.
Taiwanese investors pour into mixed assets
In Q1, mixed asset funds were in demand in Taiwan, while pure equity funds had large outflows, according to estimated fund flow data from Morningstar.
Outflows still plague MRF funds
Northbound funds selling onshore in China under the Mutual Recognition of Funds (MRF) continued to see more inflows, although the net sales remained negative in March, according to latest data from the State Administration of Foreign Exchange.
Shareholders force Jupiter to drop CEO’s 50% pay hike
Jupiter Asset Management has backed down on plans to grant boss Maarten Slendebroek a 50% pay rise after a revolt from shareholders.
Bottom 10 China equity funds in Q1 2017
FSA presents the 10 worst performing China equity-focused funds during the first quarter of 2017.
Top 10 China equity funds in Q1 2017
FSA presents the 10 best performing China equity-focused funds during the first quarter of 2017.
Chinese HNWIs pour money into PE real estate
Hong Kong-headquartered real estate private equity firm Gaw Capital Partners has raised $1.3bn in the final closing of its fifth Greater China and Asia-Pacific real estate fund.
Leveraged and inverse ETFs are a hit in Taiwan
Leveraged and inverse ETFs in Taiwan now account for more than half of assets in the two most popular ETF sectors, data from Morningstar shows.