The stronger renminbi may be behind a decline in sales of offshore fund products on the mainland via Mutual Recognition of Funds in 2017, said Rex Lo, BEA Union Investment’s managing director for business development.

The stronger renminbi may be behind a decline in sales of offshore fund products on the mainland via Mutual Recognition of Funds in 2017, said Rex Lo, BEA Union Investment’s managing director for business development.
Total mutual fund and ETF assets in Asia-Pacific passed the $3trn mark in 2017 and are expected to hit $5.2trn by 2021, according to a Broadridge Financial Solutions report.
FSA compares two euro corporate bond funds: the Blackrock GF Euro Corporate Bond Fund and the Bluebay Investment Grade Bond Fund.
Smart beta ETF assets in Asia are relatively tiny, but the products grew AUM around 70% in 2017, far outpacing their global peers, data from Morningstar shows.
In a year of extremely low volatility, gold and precious metals funds stand out as the most volatile, FE data shows.
FSA compares two global emerging market bond funds: the Ashmore Sicav Emerging Markets Total Return Fund and the Templeton Emerging Markets Bond Fund.
Investors in Hong Kong and China ETFs cashed in profits in 2017, which resulted in net outflows from the passive products, data from Morningstar shows.
The worst performing Asia-Pacific ex-Japan funds last year still reported double-digit returns, and Asia’s fund selectors told FSA they intend to stock up on the asset class in 2018.
FSA compares two Asia-Pacific mixed-asset funds: the Invesco Asia Balanced Fund and the JP Morgan Asia Pacific Income Fund.
The fund management industries in Hong Kong, China, Taiwan and Singapore have been rated as “average” by Morningstar’s global fund investor experience study, dragged down by high fees and expenses.
Part of the Mark Allen Group.