Onshore mutual funds topped RMB 9.16trn ($1.33trn) in assets at the end of last year, up 9% from 2015, according to the latest monthly data from the semi-official Asset Management Association of China (AMAC).
Fixed income inflows turned positive in 2016, but the Hong Kong Investment Funds Association is optimistic about equity funds in the first half.
Monica Defend, head of global asset allocation research at Pioneer Investments, sees a dynamic scenario for 2017 and describes major investment themes that will characterise the year.
Interest rate volatility has spiked and investors are urged to stay away from long-duration bonds, especially in developed markets.
Fund managers share their views on investing in Chinese exporters, who could be hit by trade protectionism or benefited by a falling RMB.
The former BSI banker Yeo Jaiwei, ‘sentenced beyond the norm’ for witness tampering by a Singapore court, used a Seychelles-based company to spend $8.2m on Australian Gold Coast property, the Guardian has reported.
Resignation at Sun Life; Gross watching 10 year; Hang Seng loves bonds; Fund selector observations; StanChart and OCBC’s conviction lists; Lombard Odier on hedge funds; Matthews Asia speaks reason and much more.
In 2016, Asia-Pacific ex-Japan ETF/ETP assets reached a record high of $135bn, but the region’s share only accounts for 4% of the industry's global assets, according to ETFGI.