European high yield and emerging market bond funds top the list of best performing fixed income funds available for Hong Kong and Singapore investors, while US dollar and global bond funds underperformed.
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European high yield and emerging market bond funds top the list of best performing fixed income funds available for Hong Kong and Singapore investors, while US dollar and global bond funds underperformed.
High yield bonds were the best performers while China bond funds dominated the bottom.
Fixed income inflows turned positive in 2016, but the Hong Kong Investment Funds Association is optimistic about equity funds in the first half.
Hong Kong’s fund industry recorded net sales of $3.6bn in the first nine months of 2016, up 36% from the same period last year, driven by strong inflows into bond funds, which were up 174%.
Part of the Mark Allen Group.