Other plans include offering its globally-listed ETFs to investors in Southeast Asia.
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Other plans include offering its globally-listed ETFs to investors in Southeast Asia.
Hong Kong investors seem to be betting that the markets will recover this year from the US-China trade tensions and coronavirus impact.
Fund sales will likely be impacted due to the negative investor sentiment resulting from the coronavirus, according to the HKIFA.
Historical data suggests that epidemics do not impact markets long-term.
The development should be positive for China-focused products in Hong Kong, as there are only a few funds in Thailand providing exposure to the mainland.
One of the firm’s thematic ETF products has amassed around $150m within the first six months after launch.
Foundation Asset Management now has one of only five SFC-approved hedge funds for sale to retail investors and the firm aims to roll out a China-focused high yield product.
The regulator has listed mutual funds that meet new ESG disclosure requirements aimed at countering greenwashing.
The firm believes there are opportunities for selling private funds in the Greater Bay Area.
The top 20 most read Greater China articles of 2019 include a number of business moves and regulatory developments in Hong Kong and China.
Part of the Mark Allen Group.