Mainland exchange trade funds reported strong August inflows, in particular the first ETF tracking China’s State-owned enterprises.
Category: Fund news
Schroders rolls out China-focused multi-asset fund
The firm believes improving investor sentiment for China and the demand for income will attract investors to its China Asset Income Fund.
The promise of cross-border ETFs
ETF trading on the Shenzhen-Hong Kong Stock Connect still has many unknowns, but the hope is that the passive offerings will encourage mainland investors to look beyond money market products, said Jackie Choy, Morningstar director of ETF research for Asia.
Northbound MRF fund sales set record in July
The four Hong Kong-domiciled funds selling in the mainland through the Mutual Recognition of Funds scheme drew RMB 1.1bn ($166m) of net sales in July, the highest since the sales started at the beginning of the year, according to the latest data from State Administration of Foreign Exchange.
Money still leaving China-focused funds
One year after the surprise yuan devaluation and subsequent market crash, $4.5bn has flowed out of funds focused on China equities, according to data from Morningstar.
More China insurers move into mutual funds
Two more mainland insurers have set up a mutual fund business in July.
Fund managers unmoved by BOJ announcement
The Bank of Japan’s unsurprising move last Friday is a relief for banks, but fund managers are not adjusting their portfolios.
China’s E Fund plans active and passive funds in EMEA
China concerns have shifted away from currency worries to rising defaults and the overall debt level, said Jessie Lam, head of European business at E Fund Management in Hong Kong.
Foreign vs domestic A-share funds, which has done better?
FSA compares the three-year performance of foreign funds investing in A-shares with their mainland counterparts.
ICBC and Wisdomtree plan China ETF launch
ICBC Credit Suisse Asset Management (International) and Wisdomtree Investments plan to a European launch of an ETF tracking the S&P China 500 Index.
