Additionally, assets of the firm’s sustainable portfolio have reached $550m in Asia.

Additionally, assets of the firm’s sustainable portfolio have reached $550m in Asia.
The firm reported 40%-plus drops in wealth and asset management results in 2018.
Misperceptions and a general lack of understanding of ESG products are the reasons for scant interest, according to a survey conducted by the Hong Kong Investment Funds Association (HKIFA).
Asia fund AUM grew in the first three quarters last year and investors had a preference for mixed asset funds, according to a Cerulli Associates report.
Hong Kong-domiciled funds sold in the mainland under the HK-China Mutual Recognition of Funds (MRF) scheme saw net inflows of RMB291.24m ($42.24m) in October.
Strong outflows from bond funds for sale in Hong Kong were driven by global and high yield products, as the asset class undergoes a huge reversal from 2017, according to data from Hong Kong Investment Funds Association (HKIFA).
Net sales of mixed-asset funds in Hong Kong grew tenfold in 2017 compared to the year before, as investors hedged the risk of a market correction, according to data from Hong Kong Investment Funds Association (HKIFA).
Balanced funds in Hong Kong saw year-on-year gross sales nearly triple to $12.4bn from $4.3bn a year ago, the first time they exceeded those of equity fund sales since 2006, according to data from Hong Kong Investment Funds Association (HKIFA).
Fixed income inflows turned positive in 2016, but the Hong Kong Investment Funds Association is optimistic about equity funds in the first half.
The European market is actually more volatile than emerging markets, said the firm’s deputy global head of equities, Alexandre Drabowicz.
Part of the Mark Allen Group.