Meeting of the achieved target returns rather than poor fund performance is the key reason that a majority of Asian retail investors sell their fund investments, according to new research from Cerulli Associates.
Category: Fund news
Asian Region Funds passport
The working group of the Asia Region Funds Passport has come out with a set of draft rules to facilitate cross-border funds in the region.
Global funds end 2014 with outflows
Even as the US and Japan managed inflows, the global fund industry ended the year with net outflows, led by $852bn in investments fleeing Europe, according to data from Lipper.
Hong Kong funds sales in 2014
Last year, Hong Kong’s fund industry had a 21% increase in net sales, led by inflows into European and Asian equity funds, according to the Hong Kong Investment Funds Association.
Fund selectors tilt toward Asian equities
Asian equities ex-Japan stood out as this year’s preferred asset class, according to an FSA survey of fund selectors and portfolio managers.
Pension funds manager underperformance
Pension funds dominate the Japans asset management industry, but they are becoming less tolerant of underperforming managers and also their investment horizon is reducing, according to a new research from Cerulli Associates.
Be wary of multiasset funds Fundhouse
Most multi-asset funds need to offer an income yield around the 5% level to be competitive, says rating agency, Fundhouse, but this is increasingly tough to deliver.
Pension funds raising hedge fund allocations
As hedge funds attract increasing capital allocations from pension funds, trustees are demanding a realistic assessment of both benefits and risks, according to research from Alternative Investment Management Association (AIMA) and the CAIA Association.
India to continue to lure foreign fund flows
Even as the US moves to hike interest rates, India should continue to attract a significant share of emerging market capital in 2015, both foreign direct investment and portfolio inflows, according to JP Morgan Asset Management.
RHB AM targets 16 funds in 2015
Malaysia-based RHB Asset Management is planning to launch 16 new products this year as it targets RM58bn ($16bn) in assets under management by year’s-end.
