FSA examines the returns of equity funds to see if value investing is catching up with growth, as many in the industry believe.
Category: News
China’s regulator approves three more FoFs
China’s regulator has given the green light to the second batch of funds of funds (FoFs), which are sold to domestic retail investors but could benefit funds sold through the Mutual Recognition of Funds scheme.
In case you missed it (9 March 2018)
Noah opens Australia office; Bank of Singapore hires for Europe; OMGI outsources its China equity fund to Ping An of China; JPMAM’s head of Asia fixed income leaves; EIP names head of Asia investment; HSBC Global AM launches Asia fixed income fund in Singapore; ESG initiatives from Franklin Templeton, Robeco and Eastspring; T Rowe Price and Capital Group win Morningstar “best fund house” awards; and more…
China AMC and Tobam launch smart beta strategy
China Asset Management Company has partnered with French asset manager Tobam to launch a smart-beta A-shares strategy, aiming to attract international investors in the run-up to the MSCI’s scheduled inclusion of China’s onshore equities in its indices.
HK’s non-ETF robo-advisor
Yunfeng Financial Group is using a proprietary fund selection process to add actively-managed funds from key managers to its robo-advisor Youyu Wealth, according to Li Ting, the firm’s CEO.
Which China equity funds are contrarian?
FSA looked at the five China equity funds with the lowest average correlation to the performance of peer funds and found three with above average performance.
Will US steel tariffs affect China’s producers?
US president Donald Trump appears set to impose tariffs on steel and aluminium, but sources said they will likely have a minuscule effect on China, the world’s largest steel producer.
UBS Wealth to increase sustainable products
The bank plans to increase the range of sustainable and impact investment products available to Asia clients, according to Mario Knoepfel, Hong Kong-based head of sustainable investing advisory for Asia-Pacific at UBS Wealth Management.
The difficulty in finding uncorrelated equities
Most of the fund categories available for sale to investors in Hong Kong are well correlated, with the relative exception of China and India equity funds, FSA research suggests.
China’s Noah reports 2017 net income up 20%
The NYSE-listed Chinese asset and wealth manager reported a strong 2017 and said that investible assets in China far outstrip the size of the mainland’s asset management industry.
