Despite severe challenges, Hong Kong’s fund management industry has a positive outlook over the next five years, according to a report by the Hong Kong Investment Funds Association (HKIFA) and KPMG.
Tag: Hong Kong Funds
Hong Kong funds see huge outflows
Funds network Calastone processed its highest ever level of monthly net redemptions from Hong Kong funds in March.
Post-GFC, funds with a HKG domicile blossomed
The number of Greater China equity funds grew the most, as the Hong Kong-domiciled mutual fund landscape evolved over the past ten years.
UBS AM eyes the onshore China market
UBS Asset Management has launched a Hong Kong mutual fund platform, setting sights on distribution into onshore China market, said Markus Egloff, head of wholesale client coverage for Asia ex-Japan.
Survey: Hong Kong fund sales drop
Sales of collective investment schemes in Hong Kong dropped by 15% from HK$65bn (US$8.4bn) to HK$55bn during the period April 2015-March 2016, according to the SFC’s yearly survey.
Survey: HK fund houses want MRF changes
Hong Kong fund managers want regulators to relax rules on the Mutual Recognition of Funds scheme to boost participation, an industry survey has shown.
MRF capital flowing north
Sales of northbound mutual funds sold through the Mutual Recognition of Funds scheme are surging compared to southbound sales, which are another story.
Hermes seeks strategic partnerships
Choosing to focus on Asia instead of the US market, Hermes Investment Management is eyeing local partnerships for Hong Kong-domiciled funds and may bring in some niche products from the UK, said global head of business development Harriet Steel.
