News

Indian equity mutual funds rebound in May

Indian_rupees.Flows into Indian equity mutual funds saw a resurgence in May following the re-election of Narendra Modi as prime minister. Total inflows reached INR5,410 crore ($778 million), up from INR4,160 crore in April, according to the Association of Mutual Funds in India (Amfi). Funds investing in mid- and small-cap stocks made up around half of the positive flows to mutual equity funds, contributing INR2,700 crore, Amfi’s monthly report showed. Money market and liquid funds faired worse than April, however, with INR72,500 crore coming in – down from INR96,200. Total assets under management in Indian equity mutual funds stood at INR25.43 trillion, an increase of INR16,000 crore compared to the previous month. Credit risk funds, meanwhile, saw INR4,155 crore of outflows in May, following April’s negative performance when investors pulled out INR1,253 crore from the fund type. Fixed maturity plans also saw investors pulling out INR1,796, marking the second consecutive month of outflows. ©2019 funds global asia

Sponsored Profiles

Sponsored feature: How is DLT changing the global securities services landscape?

Oct 17, 2019

By Jeslyn Tan, global head of product management, securities services, at Deutsche Bank

Sponsored feature: A new base for fund distribution

Oct 16, 2019

To get the most value out of the digitisation of investment fund distribution, a blockchain-based infrastructure is fundamental. By Olivier Portenseigne, Managing Director and Chief Commercial Officer, Fundsquare.

Sponsored profile: Bridging the gap

Mar 11, 2019

Private equity is a core part of the business for Caceis’ Hong Kong office, which looks after clients in China and Europe. David Li, chief executive officer, explains why private equity enjoys strong client demand and how it is being used to fund China’s international infrastructure ambitions.

SPONSORED FEATURE: Market knowledge key to fund distribution in Asia

Jan 11, 2019

The highly fragmented investment markets in the Asia-Pacific region require detailed knowledge of each market’s unique characteristics and framework. By Lou Kiesch, Partner, and Marc Noirhomme, Director, at Deloitte Luxembourg.

Executive Interviews

Executive interview: Timing the market

Oct 17, 2019

Amy Cho, Schroders’ Hong Kong chief executive and regional head of intermediary clients, tells Romil Patel about Hongkongers’ love of investing, staying nimble in a volatile market and following...

Interview: Asia’s sweet spots

Jul 05, 2019

As the US-China trade war ramps up with a hike in levies, Tai Hui, chief market strategist for Asia-Pacific at JP Morgan Asset Management, tells Romil Patel where he identifies investment value.

Roundtables

Roundtable: Priming for Asia’s growth

Oct 17, 2019

Panellists discuss expanding product capability across Asia-Pacific, the opportunities and regulatory challenges around data and the prospects for ETFs in the region. Chaired by Romil Patel in Hong Kong.

ESG roundtable: Are the ESG stars aligning across Asia?

Jul 05, 2019

Our panel of experts discusses driving higher ESG asset allocation in Asia, growing calls to address the global climate crisis and the importance of governance. Chaired by Romil Patel in Hong Kong.