Exchange traded products listed in Japan have attracted record net new assets in the first seven months of the year, driven by inflows in equity ETFs, according to ETFGI.
Category: Fund news
Hong Kong fund sales plunge
Hong Kong net fund sales dropped by 50% in the first six months of 2015, new figures reveal.
Traditional funds ‘should be more activist’
Shareholder activism is often seen as the preserve of hedge fund and private equity managers, but some allocators want long-only firms to be more proactive on this front.
China this week – Fund News and Analysis
A roundup of the week’s asset management industry news from mainland publications.
Japan powerhouses set up fund house
Nomura Holdings has entered into a pact with Japan Post Bank, Japan Post and Sumitomo Mitsui Trust Bank to set up an asset management firm focused on Japanese retail investors.
HK fund management business hits record $2.2bn
Hong Kong’s combined fund management business rose 10.5% last year to reach a record high of HK$17.68bn ($2.2bn), with a strong contribution from global investors, according to an SFC survey report.
What influences Asian fund sales?
Hong Kong, Singapore and Korea retail investors are most influenced by fund fees in their investment decisions, but Taiwan is different, according to a BNY study.
MRF draws in Hong Kong asset managers
Hong Kong has received 14 applications for products wishing to take part in China’s mutual recognition of funds (MRF) since the scheme launched on July 1.
Fund houses warn on volatility from Greece impact
Increasing uncertainty around Greece and the probability of an exit from the Eurozone has raised the alarm at several fund houses about a surge in market volatility.
Some fund houses believe Greece outcome containable
Greece’s possible default and exit from the Eurozone will not undermine Europe’s economic recovery, some fund houses say.
