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.
Category: Fund news
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.
Retail capital flowing into multi-asset funds
Retail sales of global multi-asset funds in Hong Kong surged in December 2016, suggesting the retail base is now seeking diversification.
Chinese QDII investors pour into fixed income
Assets in fixed income QDII funds quintupled in 2016, reflecting Chinese investors’ growing interest in the safety of foreign bonds.
