Sales & Redemption Data

Hong Kong Retail gross sales continued to outstrip gross redemptions in March at US$8.0B and US$6.7B respectively.

This translated to monthly net sales of US$1.3B, taking the Q1’25 total to US$4.9B.

Bonds remained the best-selling asset class on net sales of US$696M, with Money Market moving up to second position on sales of US$633M and Mixed Assets garnering a muted US$22M. Equities turned negative for the month on net sales of -US$43M.

At a category level, Bonds Global remained at the top of the monthly net sales rankings on sales of US$842M, followed by Money Market with US$633M and Equities Global moving up to third place on sales of US$187M.

Negative net sales for the period continued to be led by Bonds North America, followed this month by Equities Asia Pacific and Equities Greater China at -US$124M, -US$76M and -US$57M respectively.