Investment through the new sovereign wealth fund will become the source of the Kingdom’s revenue, not oil, according to an industry report.
Category: Fund news
Asia the top region among dwindling global fund inflows – Morningstar
Asia showed the strongest organic growth of fund inflows at 18.6% among the regions analysed by Morningstar in its annual research paper on flows.
Hong Kong to see strong growth in leveraged and inverse ETFs – Cerulli
Leveraged and inverse Exchange-traded Funds, which are expected to be launched in Hong Kong later this year, are likely to boost trading in ETF products in the territory, according to research firm Cerulli Associates.
Asia strength shines through Credit Suisse $2.9bn net loss
The bank’s net new assets in Asia doubled y-o-y in Q4, but Credit Suisse reported the worst annual loss since 2008.
The funds most sensitive to a Fed rate hike
With the Federal Open Market Committee expected to raise interest rates for the first time since 2006, we thought it a good idea to look at the funds that would be most affected by a decision.
Markets could see $300bn from China’s pension funds
China’s pension funds can start investing in local markets in 2016, according to government officials.
Chinese ETFs see unprecedented capital inflows
While money market ETFs are losing their attractiveness due to near zero interest rates in most parts of the world, they are popular in China as the recent stock rout has investors turning to fixed-income products for safety.
Pension funds looking overseas for solutions
Pension funds around the world are increasingly looking beyond their borders to address their investment needs, a report by the Association of the Luxembourg Fund Industry revealed.
Asia ex-Japan equity funds see $8.8bn in outflows
August saw the greatest monthly outflows from emerging markets of all times. Asia, the origin of last month’s global market correction, was particularly hard hit.
Mixed asset sees huge capital inflows
In Asia, first half figures from Strategic Insight show $192bn flowed into mixed asset funds and total new net flows doubled compared to the same period last year.
