The E Fund RMB Mainland China Bond Fund will be terminated after heavy redemptions in January.
Category: Fund news
China funds: active vs passive
FSA has found that actively-managed China-focused funds for sale in Hong Kong fared better than ETFs focused on the sector, but it’s due to more to technical than strategic reasons.
Lion Global launches ‘disruptive’ tech fund
Singapore’s Lion Global Investors has launched a retail fund that invests in disruptive industries.
Best/worst bond funds in 2016
High yield bonds were the best performers while China bond funds dominated the bottom.
BofAML: Fund managers increase cash holdings
Global fund managers are holding more cash than the 10-year average, signalling a buy in equities, according to Bank of America Merrill Lynch’s monthly global fund manager survey for January.
HK ETF market: $580m net inflows in 2016
An overview of ETF activity in Hong Kong in 2016 shows SSGA’s Asia bond fund had the highest inflows while iShares China had the largest outflows.
Capital flows out of Greater China funds in 2016
About $8.3bn left Greater China equity funds last year, with global cross-border products showing the most outflows, according to Morningstar data.
Asian investors pour into multi-strategy funds
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.
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).
