With fees, a little understanding goes a long way

Fee reign

Fees are central to investing, but they are also much misunderstood. They are split into many categories, and disclosure varies from fund to fund.

Managed funds

Monday, 29 April, 2013, 3:59am

Beijing is key to city's fund success

Mainland funds may in future be sold in Hong Kong if an agreement is reached, giving the local industry a massive shot in the arm. Photo: Robert Ng

Proposals designed to make Hong Kong a "world fund factory" have won industry backing, but fund managers say that persuading Beijing to allow local funds to be sold to mainland investors remains the key.

18 Apr 2013 - 5:33am 1 comment

Investment firms bet on future Hong Kong 'fund factory'

Julia Leung says the government's plan will create jobs in the city as it becomes a base for investment that is currently concentrated in Europe and the US. Photo: Felix Wong

Several international fund houses are planning to use Hong Kong as a base for their investments after the government vowed to turn the city in a "world factory" for the asset management industry. The government is proposing a combination of reforms to attract investment.

8 Apr 2013 - 3:17am

Cohorts of pussyfooters tiptoe around extravagance curbs

Still No 1: Gina Rinehart

We see that Communist Party chief Xi Jinping has reiterated his call for a curb on official banquets and has called on all government agencies to tone down official receptions to end extravagance and to follow the fine Chinese tradition of "being diligent and thrifty".

1 Feb 2013 - 5:23am 1 comment

What will the banks sell in 2013

Which way forward?

The new year has arrived and times are changing. There is less gloom about the euro zone, the United States steered clear of its fiscal cliff and the mainland economy seems to be spluttering back into shape. This has implications for investors.

7 Jan 2013 - 4:31am

Year of the bonds

Illustration: Mario Rivera

For all the gloom, some may overlook the fact that 2012 was a great year. Virtually all asset classes scored gains, with even equity markets venturing into positive territory thanks to a second-half rally.

31 Dec 2012 - 4:58am

Asset manager Cathay Conning seeks Asian growth

Cathay Conning plans to allocate 20 per cent of its US$1 billion capital to Asian small- and mid-cap stocks. Photo: Reuters

Cathay Conning Asset Management, a joint venture between Taiwan's Cathay Financial and US-based Conning Asset Management, wants to grow its Asian business out of Hong Kong by investing in Asian equities.

10 Dec 2012 - 6:01am

Asian funds buy into London for impressive returns

Asian investors are cleaning up available office property in the City where development is slower than the demand. Photo: Bloomberg

Asian investors are the biggest buyers of office property in the City of London this year, wagering that the financial district's volatile market has changed since it routed Japanese buyers in the 1990s.

29 Nov 2012 - 3:46am

MPF funds: a chooser's guide

MPF funds: a chooser's guide

New rules enabling members of Hong Kong's Mandatory Provident Fund (MPF) to transfer their contributions to a provider of their choice have increased the range of funds.

But with more than 460 from which to choose, you could be forgiven for feeling overwhelmed. Matters are not helped by jargon used to describe the funds.

26 Nov 2012 - 2:17am

Candidates campaign expenses shed little light on source of funds

In the Legco election, candidates loyal to Beijing heavily outspent their pan-democratic rivals, records show. But most candidates' funding came from their parties, which don't report the source of their money. Photo: Sam Tsang

On the bright, sunny morning of September 9, a 60-seat coach trundled to a halt outside a primary school in the New Territories. Its elderly passengers made their slow and steady way to the building - serving as a polling station in that day's Legislative Council election.

23 Nov 2012 - 2:56am

Mizuho to open China fund despite Japanese dispute

Mizuho Asset Management, a unit of Japan's third-biggest lender, is opening a China fund, betting that new leaders in the world's No 2 economy will boost growth and quell a territorial dispute that's prompted other banks to cancel planned funds.

10 Nov 2012 - 5:04am

How to get the best MPF funds

How to change your MPF provider

Thinking about changing your MPF plan? The recently implemented portability scheme gives you some freedom to move. And, as you search through fund data, you will notice there is much to choose from. Funds can vary greatly in terms of their returns, fees and risks.

12 Nov 2012 - 10:56am

First A-share ETF gets a lukewarm response in HK

The first A-share exchange-traded fund attracted only 103.37 million yuan (HK$125.78 million) of trading in its debut on the Hong Kong stock exchange - a disappointing result that brokers blamed on the poorly performing mainland stock markets and difficulties in obtaining yuan.

18 Jul 2012 - 12:00am

High fliers andlow riders

With thanks to research firm Lipper, Money Post ranks the top and bottom performing mutual funds based on first-half performance. All returns are net of fees and all funds are approved for sale in Hong Kong.

The funds are a snapshot of sentiment - they show where investors' dollars are flowing.

16 Jul 2012 - 12:00am

Get on the right trackers

It's taken a while, almost a decade, in fact, for the realisation of plans to allow mainland investors access to the Hong Kong stock market. And now that it's happened, it has been restricted to two exchange-traded funds (ETFs). This has led to much gnashing of teeth, but investors should consider themselves lucky.

9 Jul 2012 - 12:00am