The AUM of India’s fund industry in 2014 rose by 27% year-on-year to $166.7bn, the strongest growth since 2008. Mutual funds are seeing rising interest from investors beyond the top 15 cities and equity funds are playing a bigger role in second-tier cities, according to local reports. Over the next few years, online channels such […]
Tag: Mutual Funds
Fund transactions up in Hong Kong
Total transaction value of mutual funds and unit trusts in Hong Kong increased 35% in 2014, while the aggregate value of all product categories was down 8%.
Retail investors lack mutual fund knowledge
A survey of 4,000 retail investors in China, Hong Kong, Taiwan and Singapore revealed that about 40% do not know what mutual funds are, according to research firm Cerulli Associates.
