Sales & Redemption Data

Hong Kong retail gross redemptions exceeded gross sales for the second consecutive month in June, totalling US$11.6B and US$10.9B, respectively, resulting in net outflows of US$687M.

Bonds continued to experience the largest net outflows, at US$1.1B, while Money Market also remained in negative territory, with net outflows of US$253M. Mixed Assets remained the leading asset class, attracting net sales of US$676M.

At the category level, Mixed Assets Global continued to lead net sales at US$639M, followed by Equities Global and Mixed Assets North America at US$180M and US$58M, respectively.

Bonds Global again recorded the largest category-level net outflows in June at US$514M, followed by Money Market and Bonds North America, both of which recorded net outflows of US$253M.