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.
Category: Fund news
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.
MRF initiative to expand quickly: Consulting firm
The mutual recognition of funds initiative offers the best strategic growth opportunity for asset managers over the next ten years, according to Z-Ben Advisors.
China’s asset managers well-positioned for MRF
A study of mainland asset managers shows those that have foreign partnerships or Hong Kong offices have an edge over those with foreign joint ventures when it comes to cross-border funds, according to Cerulli Associates.
ETFs to become core portfolio holdings in Asia, Cerulli says
Distributors in Asia-Pacific are likely to use exchange-traded funds and other index-tracking products as core holdings when building model portfolios, and actively-managed funds could become satellite holdings, according to a report from Cerulli Associates.
Asia small-cap funds emerge as top performers
Small-cap equity funds have emerged as the top performing funds in Asia, beating their large-cap counterparts over a three-year period.
China and Japan dominate fund flows
Resurgent markets and easy monetary policies in China and Japan helped drive new inflows, with China representing $30.9bn, almost the same as Japan with $30.8bn. Looking at asset classes, concern over volatility likely contributed to the robust capital flows into mixed flexible (mixed asset) products, which accounted for $27.4bn in capital flows. A major […]
