Bond funds seeing big outflows in Hong Kong

Dec 15, 2015

Net sales of mutual funds in Hong Kong have fallen heavily in the year to October, with fixed-income products suffering the most, amid uncertainty over US interest rates and China's economy.

Bond funds seeing big outflows in Hong Kong

Net sales of mutual funds in Hong Kong fell by 77% year-on-year to $2.9 billion in the first 10 months of 2015, with bond products suffering the biggest redemptions, according to the Hong Kong Investment Funds Association (HKIFA)*.

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