The fund will invest in global corporate bonds.
Tag: Mutual Recognition of Funds
CSRC approves six funds under MRF scheme
They include HSBC which will distribute three Asia bond products to Mainland investors.
Global firms ready onshore China funds
Eastspring, JP Morgan and Morgan Stanley face a six-month deadline to roll out their debut onshore products.
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.
UBS AM preps funds for MRF
This week the regulator approved three Hong Kong-domiciled products, which are aimed at eventual sale to mainland investors via the Mutual Recognition of Funds scheme.
SFC considers changes for MRF
Hong Kong’s Securities and Futures Commission (SFC) reveals discussions with the mainland regulator to relax the limit on overseas delegation.
Bosera/ASI to launch EM bond fund
China’s Bosera and Aberdeen Standard Investments have filed an application to sell an emerging market bond fund under the Mutual Recognition of Funds (MRF) scheme.
Invesco Great Wall tops best China fund ideas
Morningstar’s semi-annual report on China’s best mutual fund ideas chose 16 onshore funds based on fund manager experience, consistency in investment process and performance in several market cycles.
Outflows continue for northbound MRF products
April marked five consecutive months of net outflows for Hong Kong-domiciled funds sold in China through the Mutual Recognition of Funds (MRF) scheme, according to the latest data from the State Administration of Foreign Exchange (SAFE).
Amundi to sell global equity fund in China
The cross-border Mutual Recognition of Funds scheme added a global equity northbound fund managed by Amundi and received two more applications from Haitong International Asset Management.
