QDII funds, which mainland firms use to invest onshore capital outside of China, still account for less than 1% of China’s RMB 11trn mutual fund market, according to data from Morningstar Direct.
Tag: Morningstar
Thai investors flee foreign bond funds
In 2018, assets in global bond funds plunged while capital poured into global property funds, according to a Morningstar report.
Fixed income assets nearly double in Taiwan
Taiwan investors poured $2.2bn into renminbi bonds last year and fixed income products accounted for 80% of net inflows, according to data from Morningstar Direct.
In case you missed it (16 November 2018)
Natixis IM hires three Pictet AM managers of theme funds; ASI creates new role for institutional investors; Morningstar IM names new APAC CIO; BNY Mellon IM affiliate creates ESG model for sovereign debt; MAS proposes ‘sandbox express’; and more…
Thai investors flee fixed income
Pimco’s AUM in Thailand was down 50% this year as investors turned cold toward global bond funds, according to a Morningstar report.
In case you missed it (05 October 2018)
Aberdeen Standard expands Japan business; State Street creates role for its academic affiliate; Jack Lin joins MSCI’s executive committee; APAC family offices need succession planning; Phillip Capital launches an ETF in Singapore; Mercer and Morningstar team up; and more…
Thailand’s foreign fund assets continue surge
Assets in foreign investment funds in Thailand soared 60% to $17bn this year compared to 2016 as Thai investor appetite for global funds continues to rise.
MRF northbound funds lose half of assets in H1
Funds sold in China through the Mutual Recognition of Funds (MRF) scheme had a record month of outflows in June and in total lost half of assets since January, according to the State Administration of Foreign Exchange (SAFE).
Fund favourite Ping An tumbles in 2018
Ping An Insurance, a stock held by hundreds of mutual funds and ETFs in the region, has fallen 10% in 2018. What risks does the company face?
Malaysia’s Islamic funds struggle to attract new assets
Although Malaysia’s sharia-compliant funds continue to attract assets, their share of net new flows into the country’s mutual funds has been decreasing.
