Hong Kong property investors have better channels than real estate mutual funds to gain exposure to the sector.
Tag: Hong Kong
EFG AM, Templeton launch funds in HK
EFG Asset Management launches an Asia-focused digital fund, while Franklin Templeton joins the smart beta bandwagon.
Northbound MRF inflows plunge
Northbound funds under the Mutual Recognition of Funds (MRF) recorded weak sales performance in October, falling from a 13-month peak, according to data from the State Administration of Foreign Exchange.
HK regulators warn on sale of in-house products
Conflicts of interests arising from the sale of in-house products by fund distributors are on the radar of both the Hong Kong Monetary Authority and the Securities and Futures Commission.
SFC: Fee disclosure regs to support robo-advice
The Securities and Futures Commission’s recent decision to enhance fee disclosure may drive investors to use alternative distribution platforms, such as online or robo-advisory services, according to Christina Choi, SFC’s executive director for investment products division.
Hong Kong continues to see ETF delistings
Mirae Asset Global Investments is delisting another passive product from the Hong Kong Stock Exchange, citing unsatisfactory assets.
SFC slaps HSBC with record fine, suspension
A Hong Kong tribunal has upheld disciplinary action taken against the local branch of HSBC Group’s Swiss private banking business for “material systemic failures” in relation to the sale of structured products, including from Lehman Brothers, in the run up to the global financial crisis.
CSOP AM delists China-focused ETF
CSOP Asset Management is delisting a China-focused ETF from the Stock Exchange of Hong Kong, citing unsatisfactory assets.
HK industry says no to fee-based model
A majority of the industry responding to the SFC’s proposal on “enhancing industry regulation” were against introducing the fee-based model in Hong Kong.
Singapore’s iFast hits $5.26bn in AUA
iFast Group’s assets under administration (AUA) was up 19.3% year-on-year as of the end of September, hitting a record high of S$7.16 ($5.26bn), according to the firm’s third quarter results.
