Ongoing protests and the trade dispute have hit the local market, but diversified Hong Kong equity funds remain resilient, shored up by mainland allocations.

Ongoing protests and the trade dispute have hit the local market, but diversified Hong Kong equity funds remain resilient, shored up by mainland allocations.
Passive China-focused products are among the bestselling funds launched in Asia over the last year.
The recent rise in the price of the traditional safe haven asset class has excited dedicated gold-bugs.
The UK-based firm is the latest to join the growing number of asset managers that have launched thematic products in Asia.
New Zealand has signaled formal readiness for the fund passporting scheme, leaving only one holdout from the country membership proposed back in 2013.
Pictet AM declines investment in an expanding commodities producer, based on governance issues and delayed action in reducing emissions.
Avoid high yield, trim equities and seek traditional safe havens, advises Isaac Poole, chief investment officer at the Hong Kong-based wealth manager.
It will be the second purchase of a Thai asset manager within a year by the Singapore-based firm.
In Hong Kong and Singapore, income funds of various types had some of the highest net flows during the first half.
The ongoing Japan-Korea trade dispute has put all actively-managed Korean equity funds underwater this year.
Part of the Mark Allen Group.