Mutual funds

Haitong debuts RMB mutual fund in Hong Kong

The head of Hai Tong Asset Management in Hong Kong, which debuted the financial centre’s first renminbi mutual fund, says he expects an offshore renminbi convertible bond to emerge in Hong Kong and believes Beijing will approve a ‘mini-QFII’.

SEC fund reforms may cost investors

Efforts by the US Securities and Exchange Commission (SEC) and legislators to reform mutual fund practices following late trading and market-timing scandals in the US last year may ultimately impair performance and cost investors more in fees and charges.

SEC fund reforms may cost investors

Efforts by the US Securities and Exchange Commission (SEC) and legislators to reform mutual fund practices following late trading and market-timing scandals in the US last year may ultimately impair performance and cost investors more in fees and charges.

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