FSA compares the three-year performance of foreign funds investing in A-shares with their mainland counterparts.
Tag: Mutual Recognition of Funds
MRF northbound sales reach $415m in 1H
Hong Kong mutual funds selling in the mainland under the Mutual Recognition of Funds scheme reached RMB 2.77bn ($415m) in net sales in the first half, 45 times higher than the opposite flows.
Bosera AM plays on China’s onshore yield
Some Chinese companies have a higher stock dividend yield than bond yield, and portfolio manager Guo Jun uses them to enhance his bond fund.
HSBC launches fund into slowing MRF market
HSBC GAM launched a southbound multi-asset fund managed by joint venture HSBC Jintrust, but sales of southbound funds through the MRF have been weakening.
MRF: more of a pop than a blast
Six months into the MRF scheme, one lesson is that northbound funds should focus tightly on distribution strategy to gather assets, industry players said.
Hang Seng PB sees flows into bonds
Fixed income accounts for nearly half of wealth management gross fund sales this year, said Rosita Lee, head of investment products and advisory business.
Sales slowdown for MRF northbound funds
Net cross-border sales of the four Hong Kong funds available to mainland investors saw growth slow in April, but it was still 24 times higher than the southbound flow.
Bosera bets on China’s banking sector
Despite concerns on surging sour debts, Chinese banks stand out for value investors amid low valuations and long-term stable development, said Huang Ruiqing, portfolio manager and director of passive and quant investment at Bosera Asset Management said.
China’s Bosera to launch three MRF products
The firm has bond, equity and mixed asset funds ready for launch in Hong Kong on June 1, said head of intermediary business Laurence Lo.
Principal focuses on MRF platform
Principal Financial Group and CCB expect to launch two southbound funds through the Mutual Recognition of Funds scheme this month.