Largest mutual fund managers in China saw net outflows from their active funds in the first quarter of 2018, as investors continued to favour putting money into money market and short-term bond funds, data from Morningstar shows.
Category: Research
EM equities targeted by Asia’s fund selectors
Data collected by FSA show a significant increase of interest in global emerging market equity funds among fund selectors in Hong Kong, Singapore, Thailand and Malaysia.
HEAD-TO-HEAD: Aviva vs GAM
FSA compares the Aviva Investors – Global Convertibles Absolute Return Fund with the GAM Multibond Absolute Return Bond Fund.
Which HK funds gathered assets in Q1?
JP Morgan and Schroders were the top two asset gatherers in Hong Kong-domiciled active mutual funds in the first quarter of 2018.
Mirae Asset and CSOP delist L&I ETFs in HK
Mirae Asset Global Investments and CSOP Asset Management are delisting leveraged and inverse ETF products, according to the firms’ filings with the Hong Kong Exchange.
HEAD-TO-HEAD: Columbia Threadneedle vs Fidelity
FSA compares the Threadneedle (Lux) Global Asset Allocation Fund with the Fidelity Growth & Income Fund.
Can funds outperform BATs?
Mutual funds with substantial holdings in China’s three internet giants – Baidu, Alibaba and Tencent – underperformed the MSCI China index in 2017, data from FE show.
Hong Kong ETF AUM slips
The assets under management in Hong Kong ETF market slipped in the first quarter of 2018, placing it for the first time below South Korea, Morningstar data show.
Thai investors saw opportunity in market correction
While Thailand equity markets did not escape global correction in February, Thai investors saw it as a buying opportunity, fund flows data from Morningstar show.
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).
