Sales & Redemption Data

Hong Kong Retail monthly gross sales and net sales began 2026 at the highest levels of all monthly observations back to the beginning of 2019, at US$16.4B and US$4.5B respectively for January. Gross redemptions were also elevated, recording US$11.9B for the month, the highest level since March 2020.

Asset class net flows for the month were led by Mixed Assets and Equity at US$3.3B and US$1.6B respectively, with Bonds seeing muted positive net flows. Money Market was in negative territory on net outflows of -US$454M.

At a category level, Mixed Assets Global dominated the net sales at US$2.5B, followed by Equities Asia Pacific, Bonds Global and Mixed Assets Asia Pacific at US$835M, US$812M and US$470M respectively. Net outflows were led by Bonds North America and Money Market at -US$521M and -US$454M respectively.