FSA compares two China funds: the E Fund Kexiang fund and the Franklin Sealand China Prospect Fund A CNY fund.

FSA compares two China funds: the E Fund Kexiang fund and the Franklin Sealand China Prospect Fund A CNY fund.
Five institutions have received new quotas in the first two weeks of December.
Recent stock market slump has tapered new fund launching in China. But many domestic asset managers believe new funds will roll out again soon once market sentiment improves.
Funds managed by China AMC and E Fund in Hong Kong are also expected to be launched in the mainland via the MRF.
E Fund Management is one of several China firms, including GF Fund and Dacheng Fund, that imposed restrictions on purchases of their QDII funds last week.
Two Chinese asset managers were included in a survey of 75 leading firms – and they didn’t distinguish themselves, according to a responsible investment report.
The Hong Kong subsidiary aims to launch a northbound fund targeting mainland investors.
Singapore-based UOB Asset Management and E Fund Management in Hong Kong are also expected to launch fixed income products.
In total, the Securities and Futures Commission (SFC) approved 10 mutual fund products in December for retail sale.
HSBC Global Asset Management, China Asset Management and E Fund Management are expected to launch fixed income funds in Hong Kong, according to records from the Securities and Futures Commission.
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