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.
Category: Fund news
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 […]
Baring launches three Hong Kong-domiciled funds
Slated to officially launch on Thursday, 7 May, the three funds made in Hong Kong are the Baring European Equity Income fund, the Baring Greater China Equity fund and the the Baring Global Multi Asset Income fund. The European income fund, based on an existing Baring fund sold in Japan, was launched locally because of the […]
India’s MF industry growth to come through online channels
The AUM of India’s fund industry in 2014 rose by 27% year-on-year to $166.7bn, the strongest growth since 2008. Mutual funds are seeing rising interest from investors beyond the top 15 cities and equity funds are playing a bigger role in second-tier cities, according to local reports. Over the next few years, online channels such […]
Henderson Global launches five funds in Singapore
Over the next five years, the firm intends to increase the source of assets under management from Asia to 15% of total from the current 3%, double regional headcount and develop local products, Alexander Henderson, managing director of Asia, told Fund Selector Asia.
Global ETFs likely to overtake hedge funds
The London-based research and consultancy firm said the assets under management of global ETFs reached a new record of $2.926trn at the end of the first quarter. In comparison, the assets of the global hedge fund industry was $2.939trn. Furthermore, the global ETF industry has been growing at a faster rate than the global hedge […]
China’s fund industry faces talent shortage
China’s ecommerce firms are moving into financial services, putting competitive pressure on fund management companies (FMCs). The research firm cited as examples Alibaba affiliate Ant Financial’s reported plan to acquire a stake in Tebon Fund Management and Tencent establishing WeBank, China’s first online bank, last year. “The only viable online opportunity FMCs can access for […]
Franklin Templeton global equity fund in Malaysia
To address the growing investor base in Malaysia, Franklin Templeton Asset Management has launched a domestic feeder fund, which provides access to its global equity product.
Hong Kong equity funds in spotlight
Despite a record-setting, multi-day market rally, valuations of Hong Kong stocks are currently low relative to both global equity markets and to the Hong Kong market historical average, according to FE analytics.
