Even the top five performing UK equity funds in Asia have lower performance and higher volatility than last year as the Brexit vote nears.
Category: Fund news
CSRC to permit retail sales of mutual fund of funds
Mutual fund-of-funds are expected to roll out later this year after the release of a consultation paper from the China Securities Regulatory Commission.
Foreign fund assets surge in Southeast Asia
However, assets are concentrated among the larger players, according to Cerulli Associates.
Stressed QFII fund under fire
A QFII fund from Australia investing in A-shares might wind up as investors are fed up with heavy losses and discount to net asset value, according to reports.
Leveraged and inverse ETFs debut in HK
Samsung Asset Management has launched Hong Kong’s first leveraged and inverse ETFs.
Fund selectors warm to Asian equities
Surveys conducted at the FSA Growth Forums in Singapore and in Hong Kong suggest where the region’s fund selectors may allocate over the next 12 months.
Sales slowdown for MRF northbound funds
Net cross-border sales of the four Hong Kong funds available to mainland investors saw growth slow in April, but it was still 24 times higher than the southbound flow.
Survey: HK investors warm to ETF benefits
But Natixis GAM, which conducted the study, believes they may be over-estimating the passive products.
Chinese fund subsidiary applications on hold
Manulife Teda Fund Management and six other fund houses which have submitted applications to open fund subsidiaries must meet newly-tightened regulations, according to state-run Securities Times.
CSRC takes action on fund subsidiaries
China Securities Regulatory Commission announced action in five cases, and confirmed it is drafting new rules to oversee fund subsidiaries.
