Inflows were seen across all major markets, but a Pinebridge fund in Taiwan led with almost half of all inflows.

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.
But there are a few winners, including Pinebridge’s ESG quant fixed income product, which had sizable inflows during the first quarter.
Fraud revealed at China’s Luckin Coffee spotlights an advantage of ETF and index funds over active funds, but there is a tradeoff.
But several fund categories broke the trend and had net inflows during the first quarter.
Globally, the gender-balance in the fund industry looks much like it did 20 years ago, but Asia has moved ahead of other regions, according to Morningstar.
It is important for investors to understand if a theme is a valid strategy for the long-term or just a short-term fad, according to a Morningstar report.
The best-selling fund last year was a locally-wrapped version of Schroders’ Asian Income Fund.
Part of the Mark Allen Group.