Multi-strategy funds gained the most net inflows from Asian investors for the full year 2016, while global bonds bled the most, according to data from Morningstar.
Category: Fund news
Best and worst equities funds in 2016
Brazil, Russia and commodities funds were among Asia’s best performers in 2016, while China funds were among the worst.
China’s mutual fund assets grew 9% in 2016
Onshore mutual funds topped RMB 9.16trn ($1.33trn) in assets at the end of last year, up 9% from 2015, according to the latest monthly data from the semi-official Asset Management Association of China (AMAC).
APAC ex-Japan ETF assets hit record high
In 2016, Asia-Pacific ex-Japan ETF/ETP assets reached a record high of $135bn, but the region’s share only accounts for 4% of the industry’s global assets, according to ETFGI.
Guidelines out for China’s WFOE fund launches
New funds do not need pre-approval, but the number of investors is limited per product for investment management wholly foreign-owned enterprise (IM WFOE) ready to launch their ‘private securities funds’.
Quaero brings `family enterprise’ fund to Asia
Geneva-based asset manager Quaero Capital is bringing to Asia its specialist fund that invests in European companies with family shareholders.
Fund managers pick China asset classes for 2017
Blue chips in Hong Kong and some A-shares look attractive given the southbound capital flows via Stock Connect and as the MSCI makes a decision on inclusion in June, according to fund managers.
Morningstar Asia fund reviews and re-ratings – December
A downgrade for an Aberdeen fund, an upgrade for Templeton and coverage initiated on several others.
Best and worst equities sector funds
Funds focused on India, Japan and North America were among the best-performing products in Hong Kong and Singapore in 2016, while Europe and Latin America were at the bottom.
Survey: Hong Kong fund sales drop
Sales of collective investment schemes in Hong Kong dropped by 15% from HK$65bn (US$8.4bn) to HK$55bn during the period April 2015-March 2016, according to the SFC’s yearly survey.