Hong Kong Archives - Page 22 of 82

Fullgoal opens to Hong Kong’s retail market

The firm intends to launch an equity product that was formerly only available to professional investors.

In Hong Kong, commodity-focused ETFs have gathered too few assets.

Global equity markets have rallied this year, but two-thirds of fund sales in Hong Kong are in fixed income products.

At the same time, Chinese investors have continued to pour money this year into Hong Kong-domiciled funds sold in the mainland via the MRF scheme.

For involvement in the 1MDB scandal, Tim Leissner also has a lifetime prohibition on entering Singapore’s financial industry.

Fund Selector Asia will be hosting our specialist Discretionary Portfolio Forum this August in Hong Kong.

Separately, another Hong Kong-listed China-focused firm reported assets growth of 15% during the first five months of the year.

But the hope is that a July change in Cayman Islands regulations will steer hedge and private fund managers toward locally-domiciled funds.

A number of firms are still finding it difficult to comply with Hong Kong’s manager-in-charge (MIC) regime.

Fund Selector Asia will be hosting their flagship Investment Forum in Singapore on 22 October and Hong Kong on 24 October.