Hong Kong’s fund management business continued with its uptrend in 2013 with the combined assets at the end of the last year rising by nearly 27% over that of 2012.
Category: Fund news
Nikko AM China onshore bond fund mid July
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.
HK equity funds lure net inflows in Q1 as
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.
Hong Kong govt fights high MPF fees with core fund
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.
SFC proposes review of fund NAV disclosure
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 floats maiden Islamic
RHB Asset Management has unveiled a Shariah-compliant actively managed Islamic balanced fund in Hong Kong, the first in the country.
RHB Asset Management offers global Shariah-compliant fund
RHB Asset Management has launched a close-ended Shariah-compliant fund that invests into global Islamic fixed income instruments.
BlackRock Asian Growth Leaders Fund opens
BlackRock has launched its Luxembourg-domiciled Asian Growth Leaders Fund to retail investors in Hong Kong.
Axa IM registers funds in Singapore for first time
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 to start overnight RMB liquidity
Singapore is to introduce an overnight renminbi liquidity facility to meet the short-term financing needs of financial institutions trading in the Chinese currency.
