The Securities and Futures Commission said it is working on diversifying fund distribution channels, which have been dominated by banks.

The Securities and Futures Commission said it is working on diversifying fund distribution channels, which have been dominated by banks.
On top of having a QDLP licence, the Korean firm has received a private fund management (PFM) licence from the Asset Management Association of China (Amac), according to the agency’s records.
At least 80% of the Chinese wealth manager’s sales came from fixed income products during the third quarter, according to the quarterly results report.
FSA compares the Bosera Yufu CSI 300 Index Fund and the Huatai-Pinebridge Quantitative Enhanced Index Fund.
The collaboration with RHB Asset Management comes at a time when Malaysian investors have poured money into China-focused equity funds, Morningstar data shows.
Hong Kong-based Zeal Asset Management and New York-headquartered Two Sigma Investments have obtained IM WFOE licences.
Qualitative factors such as after-sales service and management team calibre are what influence the bank’s fund selection process, according to Jansen Phee, Singapore-based head of fund investment solutions for Asia-Pacific.
In 2018, various firms have submitted eight applications to China’s securities regulator to sell their funds in the mainland.
Don’t hold strong concerns about tariffs, says Robert Horrocks, chief investment officer of Matthews Asia.
Executives also announced the firm’s entry into Hong Kong’s retail mutual fund market with the launch of seven Sicav funds.
Part of the Mark Allen Group.