The Hong Kong fund industry witnessed a slump in net sales in 2013 over the previous year, according to Hong Kong Investment Funds Association, which attributed the decline to bond funds which saw net annual outflows for the first time since 2007.
Tag: Hong Kong
HK MPF assets more than double since 2008 – Cerulli
Assets in Hong Kong’s Mandatory Provident Fund have more than doubled since 2008‚ accounting for about 63.5% of retirement investable assets despite the lack of clarity over fund expense ratios‚ according to Cerulli Associates.
HK fund selectors prefer multiasset class
Fund selectors in Hong Kong are betting on investments in multi-asset classes to boost returns in the current low yield environment.
Why tracking EMs is like nailing jelly to a wall
As emerging markets continue to struggle, so has investors’ patience been tested, but what can a conscientious asset allocator really do about it?
HK managers in race to offer funds for mainland
Hong Kong-based fund managers are “racing” to introduce Hong Kong-domiciled funds, ahead of plans for a “mutual recognition” programme that will enable them to be sold in mainland China, according to a report published today in the South China Morning Post.
