Most Hong Kong investors have not participated in the various cross-border schemes that connect the SAR to the mainland, according to a survey conducted by the Hong Kong Investment Funds Association (HKIFA).
Tag: MRF
MRF sales positive for China funds
Net sales of China-domiciled funds sold in Hong Kong via the Mutual Recognition of Funds (MRF) scheme turned positive in November, according to China’s State Administration of Foreign Exchange (SAFE).
Value Partners gets first MRF nod
The firm’s distribution partner in China is Tianhong Asset Management, which manages the world’s largest money market fund.
Northbound MRF funds see first net inflows in 2018
Hong Kong-domiciled funds sold in the mainland under the HK-China Mutual Recognition of Funds (MRF) scheme saw net inflows of RMB291.24m ($42.24m) in October.
Hedge fund hopes for HK retail traction
Foundation Asset Management has begun selling only the third SFC-registered hedge fund authorised for sale to Hong Kong retail investors.
Amundi eyes third MRF fund
In 2018, various firms have submitted eight applications to China’s securities regulator to sell their funds in the mainland.
HSBC Global gets northbound MRF approval
Year-to-date, only six Hong Kong-domiciled funds have been approved for sale in the mainland, according to records from the China Securities Regulatory Commission (CSRC).
Global firms ready onshore China funds
Eastspring, JP Morgan and Morgan Stanley face a six-month deadline to roll out their debut onshore products.
Hong Kong, UK ink MRF agreement
The new link adds to Hong Kong’s existing funds-related agreements with China, Switzerland and France.
Northbound MRF sees $480bn in 2018 outflows
Northbound funds under the Mutual Recognition of Funds (MRF) scheme continue to see outflows, although more asset managers plan to sell Hong Kong-domiciled funds on this platform, according to China’s financial regulators.
