Macro risks on the horizon have prompted EM portfolio adjustments, said Kenneth Akintewe, senior investment manager for Asia fixed income.
Category: Fund news
The fall of synthetic ETFs in HK
The 2% yearly collateral charges and strict regulations in the SAR are causing issuers to close down synthetic ETFs and discouraging them from launching new synthetic products.
Onshore fund houses get set for Stock Connect
About two dozen onshore fund managers, including China’s largest — Tianhong Asset Management — have been granted access to invest through the upcoming Shenzhen-Hong Kong Stock Connect.
CIFM focuses on A-share earnings
Mainland companies with stable earnings and low valuations are preferred amid uncertainties around the globe, said Jenny Szeto, Hong Kong-based senior fund manager at CIFM Asset Management.
Amundi new low fee A-share ETF aims at rivals
Amundi hopes its comparatively low-fee FTSE China A50 Index ETF, launched yesterday in Hong Kong, will compete well against rival A-share ETFs from iShares and CSOP.
JPM MRF fund caps new subscriptions
Northbound net flows under the Mutual Recognition of Funds scheme dropped in September after JP Morgan put a limit on new subscriptions for its bond fund.
Report: Chinese investors focus squarely on return
Consultant Z-Ben Advisors believes that if Vanguard were to come onshore tomorrow with its current strategy, it would not have much traction because returns are more important than low fees in China.
Vanguard sees slow ETF progress in HK
Vanguard follows BMO GAM in cutting the cost of investing in its Hong Kong-listed ETFs with the aim of attracting more capital.
Motilal Oswal bets on boutique access to India
Motilal Oswal believes its highly-concentrated equity fund of select domestic companies will appeal to investors in the US and Asia.
China’s onshore mutual funds lack managers
Each onshore mutual fund manager needs to take care of 3.12 funds on average, according to a Morningstar report.
