Foreign asset managers with private fund management (PFM) licences are planning to convert their licences to sell mutual funds to domestic retail investors.
Tag: Morningstar
What Hong Kong’s ETF market lacks
The world’s two largest passive product providers are set up in Hong Kong, but there is no substantial investor education on ETFs.
Passives drive equity fund flows in China
Chinese regulators have been convincing domestic players to launch more index funds and ETFs, with the aim of institutionalising the stock market.
Strong fee emphasis to shakeup Morningstar ratings
Around 700 funds available in Asia are part of the firm’s global ratings revamp; downgrades will outnumber upgrades by 2-1 with active funds most vulnerable.
Onshore active funds underperform passives
China-domiciled funds are not much different from counterparts in the rest of the world in terms of active vs passive performance, according to Morningstar.
Thai investors flee foreign funds
Thailand fund activity in the third quarter was marked by outflows from foreign equity and bond funds, according to a recent Morningstar report.
Fee pressure and shifting index patterns
Index providers must adapt to new investment themes and strategies and avoid complacency, according to Morningstar.
Hong Kong’s fund fees too high
The power of bank distributors inflates mutual fund costs in Hong Kong and elsewhere in Asia, but regulators are getting tougher on transparency, according to a Morningstar report.
How far can new themes go?
Sector or thematic products accounted for nearly a quarter of the net redemptions in equity funds sold in Hong Kong during the first half this year.
Eastspring set to buy Thanachart Fund Management
It will be the second purchase of a Thai asset manager within a year by the Singapore-based firm.
