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.

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.
About $8.3bn left Greater China equity funds last year, with global cross-border products showing the most outflows, according to Morningstar data.
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.
Brazil, Russia and commodities funds were among Asia’s best performers in 2016, while China funds were among the worst.
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).
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.
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’.
Geneva-based asset manager Quaero Capital is bringing to Asia its specialist fund that invests in European companies with family shareholders.
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.
A downgrade for an Aberdeen fund, an upgrade for Templeton and coverage initiated on several others.
Part of the Mark Allen Group.