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High income funds ‘most searched’ in 1H

Products from Allianz Global Investors appeared on the 'most searched for' list as well as the increasing and decreasing popularity lists, according to first half data compiled by FE Analytics.

The research firm revealed the Allianz Income and Growth Fund and the Dynamic Asian High Yield Bond Fund were the most searched products in its database during the first half. The firm did not disclose the rest of the list.

The Luxembourg-domiciled Income and Growth Fund, managed by Doug Forsyth, belongs to the international mixed-assets category on FE Analytics. It invests in equity, convertible bonds and high yield bonds with each category taking up roughly one-third of assets, according to the fund factsheet.

The fund had AUM of $27.28bn at the end of June, up 26% since the beginning of 2018. The year-to-date fund return is 4.88% in US dollar terms, outperforming the -2.32% return by other similar funds available for sale in Hong Kong.

The Dynamic Asian High Yield Bond Fund is managed by Mark Tay and takes the JP Morgan Asia Credit Index as its benchmark. Its year-to-date return was -5.68%, which is compared to -0.72% of other high yield fixed income funds.

“In fact, strategies offering high income remained in vogue for investors under the current interest rate environment and this group pretty much dominated the top 10 most researched funds over this period,” Michael Li, head of Asia at FE, said in a statement.

Up and down popularity

In terms of growing popularity, the firm found more users searched for funds investing in North America equity, with products managed by NB, Morgan Stanley and Janus Henderson seeing the largest first half increases in searches.

On the flipside, the firm said there was a noteworthy decrease in searches for Greater China or China equity funds, such as the Value Partners Classic Fund, the Templeton China Opportunities and the Da Cheng Overseas China Concept.

The search results partially reflect the year-to-date performance of the categories. The China equity category returned -8.32% on average and was among the worst performing sectors.

All data is for funds within the SFC authorised universe for 1H 2018 compared against 2H 2017 using analytics market intel data, which indicates what fund clients are researching on the FE Analytics platform.


Funds gaining popularity in 2018 1H



Place changes

Capital Group US Corporate Bond (LUX)

US dollar fixed income


Allianz Global Artificial Intelligence

Technology equity


Pictet Asian Equities Ex Japan

Asia Pacific (ex-Japan)


Threadneedle (Lux) Asia Contrarian

Asia Pacific (ex-Japan)


NB US Small Cap Equity

North America small/mid cap equity


Allianz Global Fundamental Strategy

Global mixed-assets


First State Japan Equity

Japan equity


Franklin Global Listed Infrastructure

Infrastructure equity


Investec All China Bond

Renminbi fixed income


Fidelity Global Multi Asset Income

Global mixed-assets


Pictet Global Environmental Opportunities

Global equity


Schroder ISF Global Credit Income

Global fixed interests


BNY Mellon Small Cap Euroland

Europe small/mid cap equity


Morgan Stanley US Growth

North America equity


BOC-Prudential Hong Kong Dollar Bond

Hong Kong dollar fixed income


Janus Henderson Opportunistic Alpha

North America equity


Janus Henderson US Forty

North America equity


First State Global Property Securities



MFS Meridian US Concentrated Growth

North America equity


Capital Group Global Allocation (LUX)

Global mixed-assets


Funds losing popularity during 2018 1H



Place changes

Templeton Select Global Equity

Global equity


Barings Global Multi Asset Income

Global mixed-assets


Franklin Select Global Multi-Asset Income

Global mixed-assets


Barings Greater China Equity

Greater China equity


Allianz Selection European Equity Dividend

Europe (inc UK) equity


Da Cheng China Balanced

Asia Pacific mixed-assets


Allianz Euro High Yield Bond

Euro high yield


Da Cheng Overseas China Concept

Greater China equity


Value Partners China Greenchip

Greater China equity


Allianz Selection US High Yield

US dollar high yield


Allianz Selection Income and Growth

Global mixed assets


AB Asia Pacific Local Currency Debt Portfolio

Asia Pacific fixed income


Value Partners Classic

Greater China equity


BlackRock GF European High Yield Bond

Europe fixed income


Allianz HKD Income

Hong Kong dollar fixed income

HSBC Asian High Yield Bond

US dollar high yield


Eastspring Investment Asian Equity

Asia Pacific (ex-Japan) equity


Xtrackers MSCI Pacific ex Japan UCITS ETF

Asia Pacific (ex-Japan) equity


Templeton China Opportunities

China equity


Wells Fargo Worldwide US Small Cap Value

North America small/mid cap equity


Source: FE


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