Sales & Redemption Data

Hong Kong retail gross sales remained strong in March at US$11.8B, while gross redemptions rose to a comparable US$11.4B, resulting in net sales of US$435M.

Mixed Assets remained the leading asset class for net sales at US$753M, followed by Money Market at US$290M. Bonds continued to see the highest redemptions, with net sales of -US$537M, while Equities also turned negative at -US$73M.

At the category level, Mixed Assets Global continued to lead net sales at US$654M, followed by Money Market and Bonds Global at US$290M and US$131M, respectively.

Bonds North America again recorded the highest monthly redemptions, this month followed by Bonds High Yield Global and Equities Global, with net sales of -US$275M, -US$177M, and -US$147M, respectively.