Emerging market funds magnetised investment in January with some fund categories enjoying record monthly inflows, Morningstar data shows.
Category: Fund news
Aberdeen All Asia under review
Morningstar has put the Aberdeen All Asia Investment Trust under review following the decision by the board to change its mandate to Japan-only.
UK residential property fund gets MAS ok
A fund which lends money directly to end borrowers in the UK real estate market has been approved for distribution by the Monetary Authority of Singapore following demand from advisers.
Momentum gets fund approval from HK SFC
Momentum Global Investment Management has received approval from the Securities and Futures Commission to sell its Luxembourg domiciled Ucits fund range to retail investors in Hong Kong.
Aberdeen Young soft closure for Asia Pacific fund
Singapore-based Aberdeen veteran fund manager Hugh Young has warned that a sudden $5bn inflow to its Asia Pacific strategy could force its flagship $10.3bn Sicav fund to soft close to new business.
Standard Chartered to sell domestic funds in China
Standard Chartered Bank is to sell domestic mutual funds in China, becoming one of the first foreign banks to do so in the country.
HK managers in race to offer funds for mainland
Hong Kong-based fund managers are “racing” to introduce Hong Kong-domiciled funds, ahead of plans for a “mutual recognition” programme that will enable them to be sold in mainland China, according to a report published today in the South China Morning Post.
