Sales & Redemption Data
October 2025
Retail funds
Monthly Trend Summary
October 2025
Hong Kong Retail gross sales decreased from the prior month at US$9.3B for October, whilst gross redemptions remained at a similar level at US$8.7B.
Net sales continued the monthly decline from the July 2025 peak, but remained in positive territory at US$625M.
Mixed Assets and Equities moved to the top two positions for asset class net sales at US$682M and US$155M respectively. Bonds remained in positive territory, but at a muted level for the asset class on net sales of US$215M - the lowest monthly figure for Bonds year-to-date.
Money Market remained in outflow with net flows of -US$312M.
At a category level, Mixed Assets Global and Bonds Global switched places in the top seller rankings, with Mixed Assets Global recording net sales of US$554M, followed by
Bonds Global at US$362M. Equities Asia Pacific followed on net sales of US$162M.
Negative net sales for the period continued to be led by Money Market at -US$312M, with bond exposures accounting for the next three highest redeeming categories.
Data
Total Sales and Redemptions – past 12 months (in US$ million)
As of October 2025
- Key
- Sales
- Redemptions
Gross Retail Sales to HK Investors (by % and US$)
October 2025
Key
- Bonds Global (17.7%)
- Mixed Assets Global (12.8%)
- Money Market (12.7%)
- Mixed Assets North America (10.1%)
- Equities Global (6.9%)
- Equities Asia Pacific (6.2%)
- Equities Sectors & Themes ex-Asia Pacific (5.9%)
- Bonds North America (5.6%)
- Bonds High Yield Global (4.7%)
- Mixed Assets Asia Pacific (4.3%)
- Other (13.1%)
Gross Retail Redemptions by HK Investors (by % and US$)
October 2025
Key
- Money Market (17.2%)
- Bonds Global (14.9%)
- Mixed Assets North America (11.3%)
- Mixed Assets Global (7.4%)
- Equities Global (7.3%)
- Bonds North America (7.0%)
- Equities Sectors & Themes ex-Asia Pacific (6.2%)
- Bonds High Yield Global (5.4%)
- Equities Asia Pacific (4.7%)
- Mixed Assets Asia Pacific (3.1%)
- Other (15.7%)