Northbound funds under the Mutual Recognition of Funds (MRF) set another record for net inflows in September, according to data from the State Administration of Foreign Exchange.
Tag: Mutual Recognition of Funds
BEA Union launches two funds for Swiss investors through MRF
BEA Union Investment tests the water by introducing two Asia-focused funds to Swiss investors through the Mutual Recognition of Funds (MRF) scheme, according to CEO Eleanor Wan.
MRF inflows from mainland investors stay strong
Despite a slight drop in assets, inflows into the five Hong Kong funds available for sale in the mainland through the MRF remain robust.
Amundi obtains China MRF approval
The Chinese financial regulator has approved Amundi’s Asia-focus equity fund for sale onshore under the Mutual Recognition of Funds (MRF) program.
HK and France agree mutual recognition of funds
Hong Kong’s Securities and Futures Commission (SFC) and France’s Autorité des Marchés Financiers (AMF) have signed a memorandum of understanding linking their mutual fund markets.
HK and China pledge more financial integration
China promises to grant more RQFII quota to Hong Kong and to promote mutual access to bond markets, but is vague about the launch of ETF Connect and MRF review, according to the latest pact signed by China and Hong Kong.
BOCHK fund hits MRF asset limit
The BOCHK All Weather China High Yield Bond Fund has stopped subscriptions after it approached the 50% limit of assets gathered in the mainland as MRF fund flows increased.
BEA, Harvest to test Swiss-HK MRF scheme
Harvest Global Investments became the first fund house to apply for the mutual fund cross-border sales scheme to tap Swiss investors, and BEA Union Investment intends to follow.
Schroders fund breaks MRF approval deadlock
After a 16-month freeze, China’s regulator has finally approved a product for sale through the MRF – the Schroders Asian Asset Income Fund.
MRF finally sees net inflows
Northbound funds under the Mutual Recognition of Funds (MRF) recorded net inflows of RMB 67.4m (9.8m), the first time in six months inflows beat outflows, according to latest data from the State Administration of Foreign Exchange.
