After a sharp recovery since the March selloff, all portfolios had flat or slightly negative returns last month.

After a sharp recovery since the March selloff, all portfolios had flat or slightly negative returns last month.
They include new products that will be managed by Haitong International AM and Sun Life Asset Management.
The launch of the service comes at a time when banks in Hong Kong are ramping their digital mutual fund distribution channels.
Schroders is nearing complete integration of ESG across its entire portfolio of assets –but it’s not about to stop there, says global head of product, solutions and quant Carolina Minio-Paluello
The Chinese wealth manager has also applied for a mutual fund advisory licence in the country.
So far, it is the only SFC-authorised fund that the firm is managing in the SAR.
Firms will have to be competitive in terms of how they price their products, according to a Hang Seng IM’s CEO.
The French firm is the latest bank to upgrade its digital portfolio management service.
Hong Kong investors prize honesty and face-to-face contact with their financial advisers above all else, according to a St James’s Place survey.
Income generation and positive relative valuations counter liquidity and default fears in the Asian high yield credit market.
Part of the Mark Allen Group.