The collaboration means that Tiger Brokers’ clients will now have access to same-day liquidity for Phillip Money Market funds.
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The collaboration means that Tiger Brokers’ clients will now have access to same-day liquidity for Phillip Money Market funds.
As part of a new initiative, FSA is talking to market participants about key trends that shape fund selection. This week, Bryan Cheung at Morningstar discusses the role of multi-asset income funds within a portfolio.
China now accounts for about 18% of global money market funds (MMF) assets, according to Fitch Ratings (Fitch), with reforms aiming to bring it more in line with international standards.
Hong Kong investors can now invest in short term RMB-denominated products via the fund.
The current economic environment is constructive towards both equities and fixed income, believes JP Morgan Asset Management (JPMAM).
A number of Chinese firms have launched money market funds in Hong Kong this year as investors lean toward safe assets.
China’s regulator has growing concern over short-term bond funds, which have almost doubled assets year-to-date.
Targeting institutional, high net worth and corporate investors, CSOP Asset Management has listed the Hong Kong Dollar Money Market ETF on the Hong Kong bourse.
FSA compares the world’s two largest money market funds: Tianhong’s Yuebao and JP Morgan’s US government fund.
Part of the Mark Allen Group.