The global market plunge in the first quarter prompted investors to reduce global exposure and put money into China via the Mutual Recognition of Funds (MRF) scheme, data shows.
Tag: Fund Flows
Malaysia investors bet on themes in Q1
They include products managed by Jupiter Asset Management, Blackrock and Principal Asset Management.
Taiwan’s foreign players struggle in Q1
But there are a few winners, including Pinebridge’s ESG quant fixed income product, which had sizable inflows during the first quarter.
Thai investors flee to cash
But several fund categories broke the trend and had net inflows during the first quarter.
Invesco, Pinebridge lead in Taiwan fund flows
On the flipside, JP Morgan AM and HSBC Global AM had the highest net outflows, mostly driven by redemptions from their China equity funds.
Northbound funds surge in 2019, reverse downward trend
Hong Kong-domiciled products sold in the mainland (northbound funds) doubled assets from January to December, driven by Chinese investors seeking offshore diversification.
MRF products suffer two-way outflows
China onshore investors exited Hong Kong-domiciled funds in October, according to China’s State Administration of Foreign Exchange (Safe).
Thai investors flee foreign funds
Thailand fund activity in the third quarter was marked by outflows from foreign equity and bond funds, according to a recent Morningstar report.
Fixed income assets double in Taiwan
The asset class now represents almost half of total assets in Taiwan, according to Morningstar Direct.
Apac investors pour money in RMB bond funds
The product category was the top-selling sector during the first quarter in Asia-Pacific, according to a Broadridge Financial report.
