Pinebridge’s Global ESG Quant Bond Fund became the best-selling product during the first half this year among all Taiwan-domiciled funds managed by a foreign firm.
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Pinebridge’s Global ESG Quant Bond Fund became the best-selling product during the first half this year among all Taiwan-domiciled funds managed by a foreign firm.
Meanwhile, newly launched equity funds have continued to attract assets from investors.
Of the different foreign investment funds sold in Thailand, global bond funds attracted the most money during the second quarter, according to a Morningstar report.
Among several upgrades are Matthews Asia and Pimco and downgrades include i-Shares and Natixis.
FSA compares two global mixed asset funds: the Fidelity Global Multi Asset Income Fund and the MFS Meridian Global Total Return Fund.
For products available for sale in Hong Kong and/or Singapore, the upgrades include JP Morgan funds and downgrades include Axa and I-Shares vehicles.
Inflows were seen across all major markets, but a Pinebridge fund in Taiwan led with almost half of all inflows.
In Hong Kong and Singapore, investors exited many of the fixed income funds they had poured into previously when seeking income.
Fund investors in Hong Kong and Singapore benefit from zero tax, but suffer from embedded costs, according to a Morningstar report.
They include products managed by Jupiter Asset Management, Blackrock and Principal Asset Management.
Part of the Mark Allen Group.