The firm reported 40%-plus drops in wealth and asset management results in 2018.
Category: Fund Flows
Hong Kong investors snub ESG products
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).
China, Indonesia drive Asia’s fund inflows
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.
Northbound MRF funds see first net inflows in 2018
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.
HKIFA: Bond funds lose $6.2bn in 1H
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).
HKIFA: Sales of mixed-asset funds soar
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).
HKIFA: Investors jump into balanced funds
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).
HKIFA sees equity fund comeback in 2017
Fixed income inflows turned positive in 2016, but the Hong Kong Investment Funds Association is optimistic about equity funds in the first half.
Amundi sees flow from Europe to EM
The European market is actually more volatile than emerging markets, said the firm’s deputy global head of equities, Alexandre Drabowicz.
Asia-Pac fund flows plunge in H1
Total fund flows in Asia were down almost 80% compared to the first half in 2015, according to data from Strategic Insight.
