But thematic equity products were also popular during the first half.
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But thematic equity products were also popular during the first half.
Overall, ETF AUM across Asia (ex-Japan) fell by 0.8% during the first five months.
An online alternative investment platform in Singapore has garnered at least $100m in assets since its launch last year.
Even foreign players have opened accounts with online fund platforms for selling investment products direct to investors.
Separately, despite the coronavirus, domestic fund managers in Southeast Asia are expected to form partnerships with foreign players to launch new types of products.
Only one foreign firm onshore, a UK-based manager, has exceeded the RMB 2bn ($280m) AUM mark.
Regulatory developments in Taiwan and China are worth watching as they can potentially influence the shift to fee-based models in the region, according to a Cerulli report.
The best-selling fund last year was a locally-wrapped version of Schroders’ Asian Income Fund.
With foreign ownership limits set to be removed next year, will the new scheme provide global players opportunities to increase their participation in China’s $2trn retail market?
The country’s securities regulator wants fund managers and distributors to disclose more information about the products’ risks.
Part of the Mark Allen Group.