FSA has found that actively-managed China-focused funds for sale in Hong Kong fared better than ETFs focused on the sector, but it’s due to more to technical than strategic reasons.
Tag: China Equity
CIFM focuses on A-share earnings
Mainland companies with stable earnings and low valuations are preferred amid uncertainties around the globe, said Jenny Szeto, Hong Kong-based senior fund manager at CIFM Asset Management.
Amundi new low fee A-share ETF aims at rivals
Amundi hopes its comparatively low-fee FTSE China A50 Index ETF, launched yesterday in Hong Kong, will compete well against rival A-share ETFs from iShares and CSOP.
In China, passive outdoes active
FE data shows that over the trailing three years, more passive China equity funds than actively-managed ones had returns of 20% or more.
Rate hike still likely this year: fund houses
The Federal Reserve’s positive outlook for the US economy and for the unemployment rate suggests an interest rate hike is still highly possible this year, according to several fund managers.