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.
Category: Fund news
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.
BNP Paribas IP Taiwan on multi-asset fund drive
The French asset manager remains positive about Europe, and reckons its markets can help Taiwanese finance a secure retirement.
MRF northbound sales surge in August
Northbound net flows under the Mutual Recognition of Funds scheme hit RMB 3.95bn ($593m) in August, 3.6 times the figure in July (RMB 1.1bn), according to the latest data from the State Administration of Foreign Exchange.
China AMC launches Nasdaq L&I ETFs
China Asset Management in Hong Kong believes its newly-launched leveraged and inverse ETFs, tracking the Nasdaq 100 will appeal to Asian investors.
China onshore funds fueled by institutional demand
The upcoming launch of mutual fund of funds as well as banks outsourcing more wealth management products (WMPs) to asset managers should help grow onshore fund assets, analysts said.
Foreign fund managers gaining traction in Taiwan
Despite rising hurdles to launch offshore funds in Taiwan, some foreign managers are making progress, according to Cerulli.
