In total, the Securities and Futures Commission (SFC) approved 10 mutual fund products in December for retail sale.
Tag: Hong Kong
CICC launches fixed income ETF in Hong Kong
Hong Kong has only a handful of SFC-registered fixed income ETF products.
China Post to launch fixed income fund in HK
The product will be the firm’s second locally-authorised mutual fund for investors in Hong Kong.
Mainland firms drive HK product sales
Collective investment schemes or mutual funds sales rose 84% to HK$101bn ($12.92bn) from April 2017-March 2018, nearly double the HK$55bn in 2016.
Northbound MRF funds see first net inflows in 2018
Hong Kong-domiciled funds sold in the mainland under the HK-China Mutual Recognition of Funds (MRF) scheme saw net inflows of RMB291.24m ($42.24m) in October.
Another hedge fund targets HK’s retail
Hong Kong-based Pickers Capital Management expects to launch a China-focused fund in Hong Kong that will be available to retail investors.
Hong Kong sees more specialised ETFs
Ping An has listed two factor-based products and will be launching more, while CICC will introduce an ETF this week.
BNY Mellon IM in HK fund push
In total, the firm registered six funds with the Securities and Futures Commission (SFC) this year.
SFC working to widen fund distribution
The Securities and Futures Commission said it is working on diversifying fund distribution channels, which have been dominated by banks.
Value Partners ventures into thematics
The Hong Kong-based firm will be launching a technology-focused multi-asset product and is preparing to develop a Greater Bay Area product, according to Eric Poon, managing director and head of sales.
