Hong Kong fund managers want regulators to relax rules on the Mutual Recognition of Funds scheme to boost participation, an industry survey has shown.
Tag: Onshore China Funds
A closer look at CIFM’s southbound fund
The Morningstar China research team analyses the CIFM China Multi-Assets Fund, which is sold through the Mutual Recognition of Funds scheme.
Demand for long-term stable yield in China
Mainland retail investors queued for a day to snap up government savings bonds, which are perceived as a safehaven for capital, mainland media reported.
China this week – 06 May 2016
A roundup of the week’s asset management news from mainland publications.
MRF capital flowing north
Sales of northbound mutual funds sold through the Mutual Recognition of Funds scheme are surging compared to southbound sales, which are another story.
China this week – 22 April 2016
A roundup of the week’s asset management news from mainland publications.
Mainland IIs buy more onshore funds
In 2015, China’s institutional investors accounted for 56% of onshore China mutual fund assets, surpassing retail investors for the first time, according to Morningstar.
Mainland AMs grow Stock Connect offerings
Mainland investors crave offshore assets, and China-based mutual funds have increased equity buying through the Stock Connect to meet demand, mainland media reported.
HSBC GAM reveals MRF plan
HSBC Global Asset Management will seek regulatory approval to offer its two onshore China funds in Hong Kong under the Mutual Recognition of Funds initiative, which starts today.
