Fund investors in Hong Kong and Singapore benefit from zero tax, but suffer from embedded costs, according to a Morningstar report.
Tag: Mutual Funds
PFM holders take aim at China’s retail investors
Foreign asset managers with private fund management (PFM) licences are planning to convert their licences to sell mutual funds to domestic retail investors.
China approves more investment advisory licences
The regulator has approved five asset managers for onshore investment advisory services, continuing the shift from product sales-orientation to service-orientation.
SFC warns about illiquid investments
Hong Kong’s Securities and Futures Commission (SFC) finds deficiencies and inadequacies in fund managers’ liquidity risk management practices.
Hong Kong demands transparency on ESG claims
To combat greenwashing, funds with ESG mandates are required to show how they include environment, social and governance factors in the investment approach, according to the SFC.
Hong Kong mutual fund assets shrink
Weak markets and worsening sentiment took their toll on Hong Kong’s investors last year, according to figures from the Securities and Futures Commission (SFC).
Merian most-researched Singapore fund
Investors searched for alchemists who could defy the slump in major stock markets last year.
Fund approvals soar in Hong Kong
Hong Kong’s SFC issued approvals for 24 new funds to be sold in the territory in March, one of the highest numbers in its history.
Strong Q2 for HK mutual funds
The assets in Hong Kong SFC-registered mutual funds grew by 15.3% over the past 12 months, according to the regulator’s quarterly report for June 2017.
