Nikko Asset Management is to launch Singapore’s first China Onshore Bond Fund in mid-July after it was granted a renminbi qualified foreign institutional investor (RQFII) license by the China Securities Regulatory Commission in May.

Nikko Asset Management is to launch Singapore’s first China Onshore Bond Fund in mid-July after it was granted a renminbi qualified foreign institutional investor (RQFII) license by the China Securities Regulatory Commission in May.
Equity funds in Hong Kong continued to attract net inflows during the first four months of the year, with investors showing a preference for funds focussing on developed markets.
The Hong Kong Government has proposed introducing a ‘core fund’ option for investors in the Mandatory Provident Fund, in a bid to combat high costs and help those less able to select funds.
The Hong Kong capital market regulator has begun a consultation which will review the disclosure requirements for the net asset value of funds.
RHB Asset Management has unveiled a Shariah-compliant actively managed Islamic balanced fund in Hong Kong, the first in the country.
RHB Asset Management has launched a close-ended Shariah-compliant fund that invests into global Islamic fixed income instruments.
BlackRock has launched its Luxembourg-domiciled Asian Growth Leaders Fund to retail investors in Hong Kong.
Axa Investment Management has broadened the number of its funds which are available in Asia, registering a range in Singapore for the first time and making a further seven available to investors in Hong Kong.
Singapore is to introduce an overnight renminbi liquidity facility to meet the short-term financing needs of financial institutions trading in the Chinese currency.
Baring Asset Management is planning to launch a range of Hong Kong domiciled funds early next year, with a view to selling the range in China.
Part of the Mark Allen Group.