The product may have faced intense competition against other Hong Kong-listed ETFs that track the same index.

The product may have faced intense competition against other Hong Kong-listed ETFs that track the same index.
China’s Bosera and Aberdeen Standard Investments have filed an application to sell an emerging market bond fund under the Mutual Recognition of Funds (MRF) scheme.
Some Chinese companies have a higher stock dividend yield than bond yield, and portfolio manager Guo Jun uses them to enhance his bond fund.
More Asian asset managers are partnering with peers to grow assets and extend distribution channels, according to consultant Cerulli Associates.
Despite concerns on surging sour debts, Chinese banks stand out for value investors amid low valuations and long-term stable development, said Huang Ruiqing, portfolio manager and director of passive and quant investment at Bosera Asset Management said.
The firm has bond, equity and mixed asset funds ready for launch in Hong Kong on June 1, said head of intermediary business Laurence Lo.
The Emerging Opportunities Bond Fund mainly invests in global emerging market debt securities and emerging market currencies.
China-based Bosera plans to bring five funds to Hong Kong via the mutual recognition of funds scheme despite market volatility, currency depreciation and slowing GDP growth in the mainland.
Malaysia’s Maybank Asset Management has entered into a pact with Hong Kong-based Bosera Asset Management to jointly develop funds investing in Shariah-compliant equities within ASEAN and Greater China.
Part of the Mark Allen Group.